Us Economic Recession 2024. None of that means a recession — an actual contraction of the economy — is inevitable. The imf projects global growth to be 3.2 percent in 2024 and 3.3 percent in 2025, amid persistent services inflation and trade tensions.

Most recessions occur because overall economic output,. A recession would probably strike by the end of 2024, colliding with campaigning for the presidential election.