Is A Recession Coming In 2024 In Usa. With inflation falling, unemployment low and the federal reserve signaling it could soon begin cutting interest rates, forecasters are becoming increasingly optimistic. Employers have slowed hiring, adding an average of about 170,000 jobs each month for the last three months, and just 114,000 in july, versus 267,000 a month.
The most recent gross domestic product report published last week showed the u.s. Why one economist says a us recession is still the most likely outcome.