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WASHINGTON (Reuters) - The U.S. economy will likely avoid a recession but growth will slow to a crawl during the first half of this year, a panel of business economists forecast on Monday.
Among the panel of 49 National Association for Business Economics economists surveyed between January 25 and February 13, about 45 percent said they believe a recession will have occurred by the end of this year. But most believe it will be short and shallow.
The remaining 55 percent said a downturn will be relatively muted.