Recession 2024 In Usa

Recession 2024 In Usa. Most economists who work for companies and trade groups no longer project a recession within a year, survey shows. The us economy defied recession fears in 2023 and made substantial progress toward a soft landing.

Some experts predict high interest rates will take a toll on the economy, making a recession likely sometime next year. The us economy is headed for a recession in the middle of 2024, citi’s chief us economist said.