Are We Still In A Recession 2024 Lok. A recession is likely to hit the us economy in 2024, a new economic model highlighted by the economist david rosenberg suggests. Though the stock markets and all economic indicators in the world's largest economy point to a rosy picture, however, many analysts and investors are pointing to an impending recession that could hit the united states in 2025 if not 2024.

Some experts predict high interest rates will take a toll on the economy, making a recession likely sometime next year. A recession typically comes with 2 quarters of negative growth.