Recession 2024 Canada What To Expect. Jobs data has shaken confidence in a soft landing for the world's largest economy, sending global equity markets tumbling and bets on interest. A recession is defined as 6 months or 2 consecutive quarters where.
Although the economy has managed to avoid a recession, it’s seeing only very modest growth, which we believe will likely continue before we see some improvement by late. Jobs data has shaken confidence in a soft landing for the world’s largest economy, sending global equity markets tumbling and bets on interest.