system
Given the following post, respond as if you're commenting on Reddit:
human
Is it possible to be in the middle of a recession and not know it?

I known there are lagging and coincident indicators.
gpt
many recessions only last 2-3 quarters. By definition, we must have had 2 consecutive quarters of negative GDP growth to call a period in time a recession. During the first quarter you could be unaware you are in a recession, especially since the Fed’s data doesn’t roll in instantaneously.