Usa Recession 2024. Gdp grew 5.2% in the third quarter of 2023, but the latest federal reserve economic projections suggest that growth will slow to just 1.4%. The us now has an 85% chance of recession in 2024, the highest probability since the great financial crisis, economist david rosenberg says.
Strategists give cautious predictions for 2024. The sahm rule forecasts recessions based on a 0.5% rise in a smoothed version of unemployment rate over the course of a year, as developed.