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UPS says base case forecast is ‘mild’ U.S. recession in 2023
The Fly

UPS says base case forecast is ‘mild’ U.S. recession in 2023

Sees 2023 U.S. volume down slightly, sales up low single digits. Sees 1H23 recession in Europe; China recovery after 1Q. Expects FY23 international volume down low single digits. Comments taken from Q4 earnings conference call.

Published first on TheFly

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