Manifold MarketsNo KYCVerified resolution dataFairly calibratedCurrent community forecast2027 35.9%Leader of 6 outcomes
Forecasters
17
Question type
multiple choice
Methodology
Play-money forecasting platform
Source type
Forecast
7d Change
+4.4 pts
Market data
Updated 1 hour ago
LaggingSep 12, 25, 9:00 PM UTCDec 31, 30, 11:59 PM UTC
Trends
0.5%
Macro-Sensitive Assets
Related Markets
Related questions for context, not a comparison of equivalent contracts.
Rules
This market asks when the National Bureau of Economic Research (NBER) will determine the next US recession began.
- The NBER is the official arbiter of US business cycles and typically announces recession start dates months after they actually begin.
- This market will resolve to the option that corresponds to when the NBER declares the recession started, not when they make the announcement.
- Resolution will be based on official NBER Business Cycle Dating Committee announcements: https://www.nber.org/research/business-cycle-dating
Open markets
Economy
POLYMARKETFed Decision in September?
- 25 bps increase+2.0pt54%
- No change-3.0pt45%
- 50+ bps increase1%
+2 more outcomes
- Total Vol
- $104.5M
- 24h Vol
- $2M
KALSHIInflation in August 2026 (CPI YoY)
- Above 2.5%99%
- Above 2.6%99%
- Above 2.8%99%
+23 more outcomes
- Total Vol
- $629.4K
- 24h Vol
- $36K
KALSHICPI in August
- Above 0.1%99%
- Above -0.4%+1.0pt99%
- Above -0.3%99%
+12 more outcomes
- Total Vol
- $388.5K
- 24h Vol
- $14.9K
KALSHIUS government budget balance in 2026
- Above -8.5% of GDP97%
- Above -8.0% of GDP71%
- Above -7.5% of GDP58%
+4 more outcomes
- Total Vol
- $12.5K
- 24h Vol
- $12.5K
KALSHIRecession in 2027?
- No81%
- Yes-6.0pt19%
- Total Vol
- $360.5K
- 24h Vol
- $8.5K
KALSHIGovernment shutdown on Oct 1, 2026?
- No98%
- Yes2%
- Total Vol
- $711.9K
- 24h Vol
- $8K
- Recession this year?
- Will the Citrini scenario happen?
- France’s government budget balance in 2026
- United Kingdom’s government budget balance in 2026
- Eurozone GDP growth in Q3 2026
- China’s government budget balance in 2026
- Germany’s government budget balance in 2026
- CPI in September
- CPI core in August
- State of the economy at the end of 2026
- US real GDP growth in Q3 2026?
- Unemployment in September
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Frequently asked questions
- What are the current odds for In what year will the next US recession begin??
- Manifold Markets prices 2027 at 36% as of September 8, 2026.
- When does In what year will the next US recession begin? resolve?
- In what year will the next US recession begin? is scheduled to resolve on December 31, 2030.
- How is In what year will the next US recession begin? settled?
- Manifold Markets settles this market as follows: This market asks when the National Bureau of Economic Research (NBER) will determine the next US recession began.