[baby-yoda]

Q1 and Q2 2022 had negative GDP growth [0]. Ignoring the debate about whether or not that constitutes a "true recession", as the article mentions this index indicates the economy is experiencing strain and the timelines match up to the previous citation you mention. To me that would indicate it has some level of accurate representation.

[0] https://www.npr.org/2022/07/28/1113649843/gdp-2q-economy-202...

[laidoffamazon]

Yet nominal GDP growth and real GDI were high and positive (respectively). GDI should equal GDP so it was a unique situation, not really indicative of any additional non-energy financial strain.