Recession 2024 Usa Latest News Now. Consumers kept spending and businesses investing in the first half of the year, leading to healthy growth in the u.s. The latest unemployment data will play into the upcoming us presidential elections and any weakness will hurt the incumbent.
The risk of a us recession by the first quarter of 2024 has hit 72% as the fed hikes rates to curb inflation. There’s an 85% chance the us economy will enter a recession in 2024, the economist david rosenberg says.
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