Recession Predictor
What does this toy do?
This toy gauges the US economy's strength by analyzing the previous year's GDP data and predicting its trend. A rising trend indicates economic strength, while a declining trend signals weakness. A robust economy may prompt interest rate hikes, often foreshadowing a slowdown, and vice versa.
Economic Condition | Range |
---|---|
Glacial | Between -11 and -20 |
Contracting | Between -6 and -10 |
Middling | Between -5 and +5 |
Expanding | Between +6 and +10 |
Hot | Between +11 and +20 |
GDP in Trillions ($)