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"now" is "within one year", and we're already in a recession, so they don't need to predict much.
by codefreeordie 4y ago
"now" is "within one year", and we're already in a recession, so they don't need to predict much.
- roflyear 4y agoHow are we already in a recession?
- phi-y 4y ago2 quarters of negative GDP growth is the textbook definition of a recession, and we have had 2
- roflyear 4y agoThe forecast for this quarter is around 3% GDP growth (annualized) - how does that put us "in a recession" right now? Doesn't that mean the recession is over?
- codefreeordie 4y agoWell, if we have two quarters of positive GDP growth, that would signal an end of an ongoing recession.