Are We Heading Into A Recession In 2024au. Surprising strength in the household sector and increased government spending hauled the economy over the first quarter finishing line. — australia’s recession risk has increased sharply throughout the middle of 2024 as the economy cools and inflation is still not under control.
Some think a recession is likely in 2024 Recession is far less likely to happen in 2024 than 2023, and manufacturing and global trade are about to recover.
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