The U.S. economy is likely to avoid a recession, even with a downturn in housing and commercial real estate, economist Mark Zandi predicts.
Zandi, chief economist at Moody’s Analytics, gave his forecast this week at an economic and commercial real estate outlook session sponsored by property firm Marcus & Millichap, which has a major office in Dallas.
He joined real estate execs who talked about where the economy and their industry is headed this year.
