Workers at a car factory.
Tesla factory workers got a pay bump in January.
  • Fears of an economic recession may have to be pushed back to 2025, according to JPMorgan.
  • US factory activity expanded in March for the first time since September 2022. 
  • JPMorgan said the rebound in manufacturing activity bodes well for continued economic resilience.

The long-awaited recession that many economists and investors have been fearing may have just been delayed to 2025, according to a recent note from JPMorgan's trading desk.