2024 Recession Indicators Meaning. Besides a prolonged decline in gross domestic product (gdp), one of the most obvious measures of a recession is the unemployment rate. Learn more on what to expect from the economy in 2024.
Besides a prolonged decline in gross domestic product (gdp), one of the most obvious measures of a recession is the unemployment rate. Economists measure a recession’s length from the prior expansion’s peak to the downturn’s.