S&P 500 companies citing "recession" on earnings calls
Quarterly; Q2 2018 to Q1 2023 (includes earnings calls through May 18)
Bar chart of the number of S&P 500 companies citing "recession" on earnings calls between Q2 2018 and Q1 2023. Between Q2 2018 and Q4 2019, the number of such companies was between 30 and 60. The number jumped up to 210 in Q1 2020, gradually declining to 14 in Q4 2021, before increasing to over 100 starting Q1 2022.
