2024 Recession Forecasting Meaning. After predicting impending pain for years, bank of america is no longer forecasting a u.s. Even though a 2024 recession is still up in the air, you can take steps today to keep your finances stable and.

Global growth, estimated at 3.2 percent in 2023, is projected to continue at the same pace in 2024 and 2025. Now, more than half rank a recession scenario as most likely.