"Most customers, when pressed, think the recession will start in summer. We are getting ready for our second layoff in the last four months." - Dallas Fed survey respondent
"Most customers, when pressed, think the recession will start in summer. We are getting ready for our second layoff in the last four months." - Dallas Fed survey respondent
Remember when the recession started and then the definition of "recession" changed?
Not only are people failing to predict when the recession will happen, they are failing to post-dict it.