Will There Be A Recession In 2024 Australia. Australia's economy barely grew in the first three months of 2024 and outside of the pandemic, it expanded at the slowest annual rate since the 1990s recession. Finally, jpmorgan thinks there will be a 35% chance of a us recession by the end of 2024, while goldman sachs thinks there will be a 15% chance.
When the year began, inflation was in a. Gross domestic product (gdp) for the march quarter grew at 0.1 per cent.