Austin looks recession resilient in ’23, experts agree. Instead, it’s plagued by other ills.


Despite concerns of a recession in the national discourse, some of Austin’s leading voices on economics and demographics remain confident that the Sun Belt tech hub will be able to weather any such storm.

Instead, what troubles them most are the worsening challenges such as a steep and rising cost of living and a corresponding shrinking middle class.

This was the underlying view shared by three panelists at a 2023 economic outlook event hosted Jan. 20 by Austin Business Journal: Angelos Angelou,…

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