Us Recession 2024 Predictions. August 8, 2024 / 5:24 pm edt / cbs news. Economy has spent three years defying expectations.

The us leading economic index (lei) fell by 0.5% in november 2023 indicating an unprecedented 8% contraction this year signalling an increased likelihood. The world’s most accurate economist told us his forecasts for the us economy in 2024, the biggest risks he’s watching, and a trade to take advantage of.