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 Recession in 2023: What to Expect The possibility of a recession in 2023 has been a growing concern among economists and investors in recent months. A recession is defined as two consecutive quarters of negative economic growth. While there is no guarantee that a recession will occur in 2023, there are a number of factors that could contribute to one, including: High inflation: Inflation is currently at a 40-year high in the United States, and it is expected to remain elevated in 2023. This could lead to consumers and businesses cutting back on spending, which would slow economic growth. Rising interest rates: The Federal Reserve is expected to raise interest rates several times in 2023 in an effort to combat inflation. This could also lead to slower economic growth, as businesses and consumers find it more expensive to borrow money. Supply chain disruptions: The COVID-19 pandemic has caused widespread disruptions to global supply chains, which have made it more difficult and expensiv