What number will confirm the recession?

The survey shows that 55 percent still believe the country will be able to skate by without falling into an actual downturn, typically defined as two consecutive quarters of declines in the gross domestic output, the broadest measure of economic health.


Which number will confirm a US recession?

GDP release dates in 2008:

March 27 --June 16 -- September 26-- December 23

 

Don't we usually get numbers revised?

It goes like this: all good now, all good now, all good now,.........., oh yeah that was a recession but it is all good now.

 

The lag is typically so long that by the time they admit we are in a recession, they say its ending.