3 ms·
My limited understanding is that the start of a recession is only officially recognized in hindsight. That doesn't mean we are in one, but I don't think we can
by rurp 8y ago
My limited understanding is that the start of a recession is only officially recognized in hindsight. That doesn't mean we are in one, but I don't think we can necessarily say that we're not.
- Animats 8y agoYes. The usual definition is "two down quarters for GDP". So there's a six month lag. The US hasn't had a down quarter yet this year. Q3 was pretty good. We'll know about Q4 in January.