Recession 2024 Usa Latest News. The us economy and stock market are on a clear path to recession, paul dietrich said. A recession is likely to hit the us economy in 2024, a new economic model highlighted by the economist david rosenberg suggests.
The national bureau of economic research defines a recession as a significant decline in economic activity spread across the economy, lasting more than a few months, normally. The latest federal reserve economic projections suggest that growth will rebound to an annual rate of 2.1% in 2024, but accelerating growth may prove difficult unless the fed can cut interest.
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