Birdwatch Note Rating
2024-08-12 18:11:50 UTC - HELPFUL
Rated by Participant: 8C744335CD8C12EB6C231A50206D3E411BF18B61117C2E3F1358AFB42BCB9EF6
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Original Note:
The confirmation of a recession typically happens up to 12 months after the period, due to a lag in economic data. As for the current time period, many economists predicted a recession in July 2024, so it is not "wrong" to think we are in a recession. https://www.bankrate.com/banking/federal-reserve/economic-indicator-survey-recession-risks-july-2023/
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