Us Recession 2024. 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.

Jittery investors have overplayed the threat of a us recession, economists say, but years of bumper growth are over as the world’s largest economy heads for a. Slip into a recession in the final months of 2024.