When Is Recession Coming 2024. In early 2023, with high inflation and rising mortgage rates, there was all but a consensus. A recession is likely to hit the us economy in 2024, a new economic model highlighted by the economist david rosenberg suggests.
The economic data seems strong but is hinting at signs of a decline, as seen in the. The recession indicator, developed by macroeconomist claudia sahm, tipped higher in the early months of 2020, for example (preceded by the covid recession), and latter.