Will This Happen?Don’t count on it 👎After analysing trends on the likelihood of US Recession, it is looking unlikely that There will be a US recession before the end of 2020 will happen. About US RecessionIn economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spendingPeople often say a recession is when the GDP growth rate is negative for two consecutive quarters or more. But a recession can quietly begin before the quarterly gross domestic product reports are out.