Is Global Recession Coming In 2024. Weak global demand was seen as the biggest challenge for businesses to overcome in 2023, followed by the high cost of borrowing, high input costs and talent. Economists predict another year of slow growth around the world in 2024.

Morgan research has raised the probability of a u.s. While the risk of a global recession is lower in the year ahead, two g7 economies dipped into recession at the end of 2023.