If the stock market has crashed, will GDP also decline?
Often when the market turns red there is at least a dip in GDP growth. However, there are cases when this does not happen.
What: Moving average of quarterly S&P500 index growth and moving average of quarterly USA GDP growth (GDP in billions of chained 2012 dollars, seasonally adjusted)
When: 1948Q1 – 2020Q1
Where: USA only, because S&P is populated by mostly American companies.
Source: Yahoo Finance for S&P500 and FRED for GDP.