Reality Check: A Recession is Still Expected in 2024
The Atlanta Fed GDPNow tracker projects that the U.S. economy will grow at a rate of 5% in 2023, but a recession is still expected to develop at some point in H1 2024
The Atlanta Fed GDPNow tracker projects that the U.S. economy will grow at a rate of 5% in 2023, but a recession is still expected to develop at some point in H1 2024
Consumer sentiment in the U.S. remains depressed, illustrating that record inflation still weighs heavily on American shoppers