Private Superforecasting Workshop and David Epstein ask:
Will US real GDP contract in both the third quarter (Q3) and fourth quarter (Q4) of 2022?
Closed Oct 01, 2022 02:00PM UTC
High inflation, monetary tightening, the war in Ukraine, and ongoing effects of the COVID-19 pandemic have raised concerns over economic growth in the US this year (CNBC, CNN, US News & World Report). The question will be suspended on 31 December 2022 and the outcome determined using data for Q3 and Q4 of 2022 from the Bureau of Economic Analysis (BEA) as reported by the Federal Reserve Economic Data (FRED) database upon the release of the BEA’s third estimate for Q4 2022 (FRED, BEA). The question would close "No" if the third estimate for Q3 2022 indicates no US real GDP contraction.
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The question closed "No" with a closing date of 1 October 2022.
See our FAQ to learn about how we resolve questions and how scores are calculated.
Possible Answer | Correct? | Final Crowd Forecast |
---|---|---|
Yes | 37.02% | |
No | 62.98% |
Crowd Forecast Profile
Participation Level | |
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Number of Forecasters | 150 |
Average for questions older than 6 months: 230 | |
Number of Forecasts | 1064 |
Average for questions older than 6 months: 638 |
Accuracy | |
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Participants in this question vs. all forecasters | average |