[eis]

Q1 and Q2 of 2022 were negative growth. The past 4 quarters were not and Q2 of 2022 was just barely. So technically there was a brief recession in H1 of 2022. Right now there is no clear sign of a recession as per definition.

I think recessions are also widely misunderstood as being a binary thing. Like going from "everything is A-OK" to "OMG it's all going to shite". There can be a recession which people barely feel. It's not like an event horizon from which there is no turning back.