Based on standard definitions, the U.S. and global economies did not enter recession in 2023.

• United States: The official arbiter of U.S. recessions is the National Bureau of Economic Research (NBER). As of now, NBER has not declared a recession for any period in 2023. Instead, U.S. real GDP grew about 2.5% for 2023, and the labor market remained relatively strong, with unemployment mostly between about 3.4–3.9% during the year—levels inconsistent with a typical recessionary downturn. (Growth and jobs data are summarized in official releases from the U.S. Bureau of Economic Analysis and Bureau of Labor Statistics.)
• Global economy: The IMF and World Bank did not classify 2023 as a global recession. The IMF’s World Economic Outlook showed positive global real GDP growth in 2023 (on the order of 3%), describing a "slow" or "weak" recovery, but not a contraction consistent with a global recession.

Because neither the U.S. nor the global economy actually entered a recession later in 2023, Sacks’s prediction that there was a “really good chance of recession later this year” did not come true, so it is best scored as wrong rather than inconclusive or ambiguous.