CFO survey: 75% Predict A Recession in 12 Months.. (They blame Trump's chaotic leadership)

[WarGamer]

3. Sometimes 2 negative Quarters isn't enough for recession.

https://www.npr.org/2022/07/28/1113649843/gdp-2q-economy-2022-recession-two-quarters

From 2022

The U.S. economy shrank in the last three months by 0.9%.

This is the second consecutive quarter where the economy has contracted. In the first quarter, GDP, or gross domestic product, decreased at an annual rate of 1.6%.

While two consecutive quarters of negative growth is often considered a recession, it's not an official definition. A nonprofit, non-partisan organization called the National Bureau of Economic Research determines when the U.S. economy is in a recession. An NBER committee made up of eight economists makes that determination and many factors go into that calculation.