2024 Recession Forecast Meaning

2024 Recession Forecast Meaning. Vulnerability is likely to build gradually: The global economy is continuing growing at a modest pace, according to the oecd’s latest economic outlook.

As 2024 approaches, recession is still not the most likely scenario, although the chances of such have increased, according to abby joseph cohen, professor of. We expect real gdp growth to walk the line between a slight expansion and contraction for much of next year, also known as a soft landing.