Us Recession 2024 News Update

Us Recession 2024 News Update. A recession is likely to hit the us economy in 2024, a new economic model highlighted by the economist david rosenberg suggests. Gross domestic product, adjusted for inflation, grew at a 3.3% annual rate over the final three months of last year, according to data from the u.s.

The us is facing the familiar precursors of a recession, including rising interest rates following high inflation. New york (ap) — as some of the world’s biggest economies stumble into recession, the united states keeps chugging along.