Half of the respondents to a National Association for Business Economics survey put the odds of a U.S. recession in the next 12 months at 26% or higher.
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Half of the respondents to a National Association for Business Economics survey put the odds of a U.S. recession in the next 12 months at 26% or higher.
Published May 12, 2026
Smoke billows following airstrikes on oil depots on March 8, 2026, in Tehran, Iran. Forty-four percent of respondents said that the Iran war has triggered an increase in input costs for their businesses, according to NABE.
Inflation jumps to its highest level in three years
It's not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas
Economic Pessimism Hits Another All-Time High Thanks To Soaring Gas Prices
The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US
'A miserable number': Iran war and AI spending drove inflation to a 3-year high | Fortune
US consumer price inflation hits 3.8% in April, highest in nearly 3 years as Iran war fuels energy costs - The Times of India
US inflation hits three-year high fueled by Iran war - Economy - The Jakarta Post
April inflation shoots 3.8% higher on surging prices from war in Iran | Fortune
Iran's economy is being tested by war, blockades and soaring inflation
IMF warns Iran war disruptions are pushing global economy towards ‘adverse’ scenario; growth risks rise
