Chances Of Us Recession In 2024 Lok. The us leading economic index (lei) fell by 0.5% in november 2023 indicating an unprecedented 8% contraction this year signalling an increased likelihood of a. The investment chief at a $1.1 trillion firm warned that the us economy will contract in 2024.
We’ll dig into how actual labor market performance has compared to forecasts. Many economists, including federal open market committee (fomc) members, anticipate a soft landing for the u.s.