According to the Bureau of Economic Analysis (BEA), real U.S. GDP in Q1 2022 did in fact contract, with the third estimate showing a -1.6% annualized decline.【1search6】 Subsequent BEA releases for Q2 2022 initially reported another small decline (advance and second/third estimates around -0.6%), which led many commentators in mid‑2022 to say the U.S. was in a "technical recession" based on two consecutive negative GDP quarters.【3search0】【3search3】 However, later comprehensive revisions to the national accounts have changed the picture: recent compiled tables using the latest BEA data now show Q1 2022 at roughly -1.0% and Q2 2022 at about +0.3% real growth, i.e., only the first quarter of 2022 is currently estimated as negative and the second quarter is modestly positive.【1search0】【3search4】 Thus, in the final data for 2022 there were not "additional quarters" of negative real GDP within 2022, and the popular two‑quarter rule for a technical recession in that year is no longer satisfied. Consistently, the National Bureau of Economic Research’s Business Cycle Dating Committee has not dated any new recession after the brief COVID recession ending in April 2020.【5search0】【5search2】 Because the normalized prediction specifically referred to more negative GDP quarters in 2022 leading to a technical recession, and the best current data now show that did not occur, this prediction is best classified as wrong, even though provisional 2022 releases temporarily appeared to validate it before later revisions.