What recession? Professional forecasters raise expectations for US economy in 2024
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The U.S. economy is expected to grow 2.2% in 2024, up from the previous prediction of 1.3%. Despite high interest rates, the job market and household spending have remained resilient. Factors behind the upgrade include government and household spending. Economists have also doubled their estimates for job gains this year. Inflation has been cooling since its peak two summers ago, and most forecasters expect interest rate cuts to begin by mid-June. However, high rates are still seen as the most significant risk to the economy, according to a survey by the National Association for Business Economics (NABE).

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https://apnews.com/article/us-economy-recession-forecasters-strength-ed49d9bfa9a26b6301065b990169d387