Us Economy Recession 2024 Map. Over the past year, some of the world’s biggest economies, including those of japan and germany, have fallen into recession, complete with mass layoffs and. Global growth is projected to be in line with the april 2024 world economic outlook (weo) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025.
If the economy is shrinking, the race for the white house in 2024 is likely to be even more toxic than expected. Us inflation, which peaked at 9.1% in june 2022, fell slightly from 3.4% in december to 3.1% in january, still above the target of around 2%.