Are We Still In A Recession 2024 Usa. Mar 12, 2024, 6:08 am pdt. Economy grew by 2.9% in the fourth quarter of 2022, following growth of 3.2% in the quarter before.

Entered a technical recession, defined by two straight quarters of negative gdp growth, in 2022, but most economists don’t characterize this economic period as a full. The latest unemployment data will play into the upcoming us presidential elections and any weakness will hurt the incumbent.