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It's not. GDP grew in Q4.

And before that US GDP was down for two quarters in a row meeting the basic requirements of a recession even outside of rising inflation last year.

Companies also do not wait for an institution or someone else to tell them it is officially too late to prepare for one.

They prepare in advance rather than wait for years afterwards.

Nominally.

I wouldn't say 2.9% is nominal. Remember this is real GDP so it accounts for inflation.

Yes real GDP grew by 2.9% annualized from Jul 1 to Oct 1: https://fred.stlouisfed.org/graph/?g=Zsj4

Assuming you trust the CPI, sure.

Well... If you don't trust the system you're discussing it is honest to say that up front so people know how to have a conversation with you. Otherwise it comes across as rude.

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