More than 80% of adults think the U.S. economy is likely to experience a recession in 2022, according to the CNBC Acorns Invest in You survey.
Because of this, many economists aren't too concerned that a recession is on the horizon.
Inflation, for example, has hit many Americans hard and could hinder the economic recovery. In February, thePrices have gone up in many categories such as housing, food and energy. That's because if prices continue to climb — as they're projected to — people may begin to pull back on spending, which could lead businesses to halt hiring. The Federal Reserve is also poised to continue to raise interest rates, which will slow down the economy to curb inflation.
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