A recession is defined as 2 consecutive quarters where the GDP is negative. We will use the initial estimate provided, not any revised estimates.
Both quarters must occur in 2025, ie Q3 and Q4 having negative GDP will resolve this market to YES....
Resolves YES if the NBER Business Cycle Dating Committee declares, by the end of 2026, US Eastern Time, that the US entered a recession at any point in 2024 or 2025. Resolves NO on 2027-01-01 otherwise.
Resolves YES if there are two consecutive quarters of negative real GDP growth, with the starting quarter between start of 2024 and end of 2025. Otherwise NO.
Resolves according to BEA data, 3rd estimate. See https://www.bea..
Resolves YES if there are two consecutive quarters of negative real GDP growth, with the starting quarter between 2024 Q3 and 2025 Q2 (inclusive). Otherwise NO.
Resolves according to BEA data, 3rd estimate. See https://www.bea..