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The negative GDP growth quarters were Q1 and Q2 2022. We already had a reversal and positive GDP growth for Q3 and Q4 2022. That would seem to portray that ever
by reducesuffering 4y ago
The negative GDP growth quarters were Q1 and Q2 2022. We already had a reversal and positive GDP growth for Q3 and Q4 2022. That would seem to portray that everyone who wanted to call a recession after Q2 2022 were premature.
https://www.bea.gov/data/gdp/gross-domestic-product https://www.bea.gov/data/gdp/gross-domestic-product
White House description of how NBER determine's recessions https://www.whitehouse.gov/cea/written-materials/2022/07/21/how-do-economists-determine-whether-the-economy-is-in-a-recession/ https://www.whitehouse.gov/cea/written-materials/2022/07/21/...