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Data for Q3 will be released on Oct 27 (before the election). And current estimates for ~2.0% growth. Thus, the country will technically be "out of a recessio
by mywittyname 4y ago
Data for Q3 will be released on Oct 27 (before the election). And current estimates for ~2.0% growth. Thus, the country will technically be "out of a recession" by election time.
I wonder if these people claiming that we are "technically in a recession" will suddenly start saying that economy has recovered come Oct 28.
- daveevad 4y ago> I wonder if these people claiming that we are "technically in a recession" will suddenly start saying that economy has recovered come Oct 28. I absolutely will - that's the whole point of any technical argument.
- WillPostForFood 4y agoEstimates for Q2 were for 2.3% growth, and were wrong. Thus, you actually don't know if the country will be out of recession until the real numbers come out. Maybe wait for the actual numbers before worrying about your opponents reaction? https://www.philadelphiafed.org/surveys-and-data/real-time-data-research/spf-q2-2022 https://www.philadelphiafed.org/surveys-and-data/real-time-d...