November 2024 Economic Forecast: Our Index Marginally Declines – We Are Stuck With The Crappy Economy We Have Seen So Far This Year

Authored by Steven Hansen

EconCurrent‘s Economic Index marginally declined with a downwardly revised September forecast and again returned to negative territory. Inflation overall remains unchanged compared to last two months – a strange situation after the Federal Reserve declared progress on curtailing inflation. Currently, we do not forecast a recession in the near term. Read on to understand the currents affecting our economic growth.