Prediction record

Misseconomy

A US recession occurs in 2023 (accompanied by a rising unemployment rate).

A scored record for Benjamin Cowen, made on .

VideoPrimary sourceeconomy

Scored record

Misseconomy

I think the recession is going to come in 2023

A US recession occurs in 2023 (accompanied by a rising unemployment rate).

Made on
2023-01-03
Outcome
Miss
Importance
5 / 5
Contribution
+0.77

Criterion

Resolution status
resolved
Resolved on
2023-12-31

The US enters a recession during calendar 2023 (NBER-dated recession beginning in 2023, or two consecutive quarters of negative real GDP).

Criterion: NBER-dated recession beginning in 2023 OR two consecutive quarters of negative real GDP. Neither occurred — all four 2023 quarters posted positive real GDP growth and NBER dated no 2023 recession. Unemployment did not rise into recession territory (stayed near ~3.5–3.9% through 2023).

Sources

  • Bitcoin: Year-To-Date Returns (Bear Market Years, Recovery Years, Halving Years, Mania Years)

    YouTube ·

    Source

Outcome evidence

  • US real GDP grew +2.5% for full-year 2023 (vs +1.9% in 2022) per BEA, with all four quarters positive: Q1 +2.0%, Q2 +2.1%, Q3 +5.2% (later ~4.9%), Q4 +3.4% annualized. No two consecutive quarters of negative real GDP occurred.

    Evidence

  • NBER's Business Cycle Dating Committee dated no recession peak in 2023; the US economy remained in the expansion that began after the April 2020 trough (no NBER-dated recession beginning in calendar 2023).

    Evidence

Corrections

No public corrections.

Score contribution

+0.77
Confidence
65%
Outcome
Miss
Importance
5 / 5
Contribution
+0.77

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

A US recession occurs in 2023 (accompanied by a rising unem…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2023-01-03

How this profile was built

  1. Scored by independent judges

  2. Predictions gathered and sourced

  3. Independently verified against sources

Every public score traces back to sourced prediction records.

Avow is an independent project. The pundits scored here are not affiliated with Avow and do not endorse it. Names and likenesses are used for identification and commentary.

Evidence firstMethodology