Prediction record

Misseconomy

The US enters a recession by early 2024

A scored record for Benjamin Cowen, made on .

VideoPrimary sourceeconomy

Scored record

Misseconomy

โ€œI do tend to think that we likely will get a recession at the end of this although it's it could still be um a ways off right I mean it could it could easily occur maybe later this year I've even said it could hurt it happen early next yearโ€

The US enters a recession by early 2024

Made on
2023-05-06
Outcome
Miss
Importance
5 / 5
Contribution
-1.4

Criterion

Resolution status
resolved
Resolved on
2024-03-31

NBER-dated US recession (or two consecutive quarters of negative real GDP) begins on or before 2024-03-31

Criterion (NBER-dated recession OR two consecutive negative real-GDP quarters beginning on/before 2024-03-31) was not met by either measure. Window closed 2024-03-31. NBER dating is retrospective, but as of today (2026-07-12) no peak/recession has been dated in the relevant period, and all intervening GDP quarters were positive, so the outcome is settled.

Sources

  • Unemployment Rate at Historic Lows

    YouTube ยท

    Source

Outcome evidence

  • NBER Business Cycle Dating Committee has announced no business-cycle peak since the February 2020 peak (April 2020 trough was the last turning point). No US recession has been dated to begin on or before 2024-03-31.

    Evidence

  • BEA real GDP: no negative quarters in 2023 or 2024 โ€” Q3 2023 +4.9%, Q4 2023 +3.3%, Q1 2024 +1.3% (annualized). There were no two consecutive quarters of negative real GDP through the deadline, so the alternative criterion also fails.

    Evidence

Corrections

  • certainty verbatim marker: Recorded marker is not spoken in the primary source SYi0qNomj18 (it belongs to the RnHjL8bt8fU video); use the marker actually spoken in this source.

Score contribution

-1.4
Confidence
80%
Outcome
Miss
Importance
5 / 5
Contribution
-1.4

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

The US enters a recession by early 2024
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2023-05-06

How this profile was built

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Evidence firstMethodology