This is a market on whether the NBER will declare that the US economy was in a recession during 2023. The deadline in March 31, 2024, as the NBER can sometimes declare recessions retrospectively. This market can also resolve early if a recession is...
Australia is the world's 20th largest economy by PPP-adjusted GDP, and has suffered only one recession (during the COVID-19 pandemic) since 1991.
During the 2021–2022 inflation surge, the Reserve Bank of Australia began to increase interest rates in...
Central bank key interest rates tend to implicate the overall strength of the economy in stable, developed countries and currency areas. Unlike the Federal Reserve, ECB maintained its extremely low interest rates throughout the economic upswing of...
The market will close at the sooner of the occurrence of the event or 8:25 AM ET on the morning of the expected release of the Advance Estimate of 2023 Q4 GDP. The market will expire at the sooner of the occurrence of the event or the first 10:00 AM...
For background, policies of “inflation targeting” have dominated in developed country central banks for the last three or four decades, implicitly or explicitly. Under this policy, central banks explicitly aim for some target rate of inflation (or...
Greece's credit rating collapsed during the Great Recession and has not fully recovered since. The last time Greece held an investment-grade credit rating by any of the Big Three was in 2010. However, its economy has been slowly recovering in the...
From Kelley Blue Book:
Cash for Clunkers is shorthand for the Car Allowance Rebate System. This government incentive program passed in response to the 2008 recession to spur auto sales. The plan gave participants up to $4,500 for their old running...
Every month the US Bureau of Labor Statistics publishes the Consumer Price Index, which measures the price of a basket of consumer goods and services. Comparing its value in one period with that in earlier period yields a measure of price inflation...
US Electric Vehicle (EV) sales have fluctuated greatly, with battery electric vehicles (BEV) sales increasing 3% from 2018-2019 and plug-in hybrid electric vehicles (PHEV) sales decreasing approximately 30% in the same time frame. A decrease in PHEV...
From Investopedia,
The labor force participation rate is a measure of an economy’s active workforce. The formula for the number is the sum of all workers who are employed or actively seeking employment divided by the total noninstitutionalized,...
The gap in unemployment between black and white workers between the ages 35-44 stood at 2 percentage points in 2019, with black workers observing unemployment levels almost twice as high as those of their white peers.
In 2020, this historical trend...
Following the financial crisis of 2008 which accompanied the Great Recession, the United States government has taken a multitude of measures to reduce the risk of another financial crisis. However, it remains difficult to know how effective these...
Despite efforts to reduce CO2 emissions, the general trend in CO2 emissions still appears to be increasing. Certain events like recessions and the COVID-19 pandemic caused local peaks. In the case of the 1929 Great depression, the 1929 peak of...
Research and polling firm Gallup conducts a longstanding survey of American attitudes towards important problems in the United States. It includes the following question:
**What do you think is the most important problem facing the country today...
Under normal circumstances, long-term debt bears a higher interest rate than short-term debt. A plot with the term on the x-axis and yield on the y-axis typically shows an upward sloping curve, such as this one. But sometimes short-term debt is more...
Related Question on Metaculus:
- What will Russia's nominal GDP be in 2022, in trillions of USD?
Russia's economy has been devastated by Western sanctions since 2014. The new sanctions imposed on it internationally because of the...
Ground motor transportation contributes heavily to global carbon emissions. A large part of this comes from the burning of fossil fuels in combustion vehicles, which are currently the majority of vehicles in the global fleet.
However, as electric...
Related Question on Metaculus:
- What will be the average inflation in the US from January 2022 to December 2024?
Larry Summers said
The Fed’s current policy trajectory is likely to lead to stagflation, with average unemployment and...
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