Re:Over 50% of CEOs say they’re considering cutting jobs ove...
by mywittyname on Wednesday October 05, 2022 @05:56PM
(#33101695)
> But that's not receding, that's has receded.
A recession is past tense. One can speculate that we are in a recession, but it's not feasible to collect all the information necessary to make that determination in real time. The best one can do is say, "a recession started six months ago, and I think the situation is better/the same/worse."
But that's not receding, that's has receded.
If your implied definition is slipping below the growth trend, then any '50% collapse' is going to ensure 'recession' (by this definition) for probably (or even hopefully) a long time.