ilmscore | Prediction Details
By CA Rachana Phadke Ranade | August 5, 2024 | Incorrect
Interpreted Prediction
Predicted a high chance of the US economy entering a recession by August 2025.
AI Evaluation Notes
The prediction stated a high chance of the US economy entering a recession by August 2025. However, economic data indicates that the US economy did not enter a recession by this time. The Gross Domestic Product (GDP) for the second quarter of 2025 (April, May, and June) showed significant growth, with an annualized increase of 3.8 percent. The unemployment rate as of August 2025 was 4.3%, not indicative of a recession.

Prediction Details

Target
US may go into recession
Predicted date
By August 2025

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