crowdsourcing calibrated insights composing probable contingencies computing calibrated predictions modeling critical contingencies aggregating quantitative insights mapping the future modeling probable insights delivering definitive futures aggregating contingent contingencies delivering contingent estimations crowdsourcing predictive estimations predicting accurate forecasts generating critical forecasts predicting intelligent predictions
Rankings Categories Find Questions

Question

Metaculus Help: Spread the word

If you like Metaculus, tell your friends! Share this question via Facebook, Twitter, or Reddit.

Will the next US recession turn into a depression?

Cross-posted on Metaculus: Pandemics.

As of Spring 2020, it seems likely that the world is only beginning to feel the economic effects of the COVID-19 pandemic. The stock market has plunged, and unemployment has skyrocketed. It's clear that a recession is nearly inevitable. What is less clear is how bad things will get. One simple operationalization of this question is "Will the US Experience a Depression?" According to Investopedia:

A depression is a severe and prolonged downturn in economic activity. In economics, a depression is commonly defined as an extreme recession that lasts three or more years or leads to a decline in real gross domestic product (GDP) of at least 10 percent.

According to this definition, Will the first United States recession before 2032 lead to a Depression?

This question resolves positively if either of the following criteria is met during the first recession before 2032:

Categories: Economy – US

{{qctrl.predictionString()}}

Metaculus help: Predicting

Predictions are the heart of Metaculus. Predicting is how you contribute to the wisdom of the crowd, and how you earn points and build up your personal Metaculus track record.

The basics of predicting are very simple: move the slider to best match the likelihood of the outcome, and click predict. You can predict as often as you want, and you're encouraged to change your mind when new information becomes available.

The displayed score is split into current points and total points. Current points show how much your prediction is worth now, whereas total points show the combined worth of all of your predictions over the lifetime of the question. The scoring details are available on the FAQ.

Note: this question resolved before its original close time. All of your predictions came after the resolution, so you did not gain (or lose) any points for it.

Note: this question resolved before its original close time. You earned points up until the question resolution, but not afterwards.

This question is not yet open for predictions.

Thanks for predicting!

Your prediction has been recorded anonymously.

Want to track your predictions, earn points, and hone your forecasting skills? Create an account today!

Track your predictions
Continue exploring the site
random question question list

Community Stats

Metaculus help: Community Stats

Use the community stats to get a better sense of the community consensus (or lack thereof) for this question. Sometimes people have wildly different ideas about the likely outcomes, and sometimes people are in close agreement. There are even times when the community seems very certain of uncertainty, like when everyone agrees that event is only 50% likely to happen.

When you make a prediction, check the community stats to see where you land. If your prediction is an outlier, might there be something you're overlooking that others have seen? Or do you have special insight that others are lacking? Either way, it might be a good idea to join the discussion in the comments.

Embed this question

You can use the below code snippet to embed this question on your own webpage. Feel free to change the height and width to suit your needs.