Economists project next US recession to hit in 2018

Some advice for US President Barack Obama’s successor: bring a plan to fight the next recession.

That’s one conclusion drawn from a survey of economists, where the median forecast of 31 respondents has the next downturn occurring in 2018.

Assuming the collective wisdom of economists is right — which is a generous assumption given that predicting business cycles isn’t exactly a cakewalk — it puts the current expansion on track to have a lifespan of about nine years.