Economists are growing more assured that the US economy will avoid a recession in the coming year, according to the latest survey by the National Association of Business Economics (NABE). The study found that 91% of economists polled assigned a 50% probability or less to the US entering a recession in the next 12 months, up from 79% in the previous survey conducted in October. This growing optimism is reflected in recent economic data, including a surge in consumer sentiment and a faster-than-expected decline in inflation. Additionally, economists expect corporate sales and profit margins to rise as supply chain issues and labor shortages ease. The survey also revealed improvements in input materials and labor shortages, with 63% of respondents reporting no shortages of input materials and just over half reporting no labor shortages. Overall, the survey indicates that economists are more optimistic about the US economy's prospects, raising hopes of continued growth in the year ahead.