Between 1 July 2023 and 30 June 2024, will the US experience two consecutive quarters of negative real GDP growth?

Started Jul 21, 2023 05:00PM UTC
Closed Jul 01, 2024 07:01AM UTC

The US Bureau of Economic Analysis (BEA) releases three estimates for each quarter: advance, second, and third (BEA - Release Schedule). The question will be suspended on 30 June 2024 if still open and the outcome determined using the advance estimate for the second quarter of 2024 (Q2 2024), expected in July 2024, and the third estimates for all other quarters, typically released in the subsequent quarter. The third estimate for Q1 2023 indicated that real GDP increased at an annual rate of 2.0 percent (BEA - GDP Third Estimate Q1 2023). Prior to the question's launch, the last time the quarter-on-quarter US GDP growth rate was negative was Q2 2022 (BEA - Third Estimate Q2 2022).

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The question closed "No, and there will be zero quarters of negative real GDP growth" with a closing date of 1 July 2024.

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Possible Answer Correct? Final Crowd Forecast
Yes 1%
No, but there will be at least one quarter of negative real GDP growth 3%
No, and there will be zero quarters of negative real GDP growth 96%

Crowd Forecast Profile

Participation Level
Number of Forecasters 82
Average for questions older than 6 months: 180
Number of Forecasts 373
Average for questions older than 6 months: 527
Accuracy
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score

2.
-0.109292
3.
-0.107283
4.
-0.106161
5.
-0.104137

Recent Consensus, Probability Over Time

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