Is vue.$emit( 'event' ) processed synchronously?

I thought Vue would execute the "this.$emit( 'event' );" asynchrounusly. But the following code seems to be executed synchrounously

onBlur() {
  console.log( 'onBlur - before emit' );
  this.$emit( 'test' ); // bound to a function that logs 'test called'
  console.log( 'onBlur - after emit' );
}

In the console I see

onBlur - before emit
test called
onBlur - after emit

And if I return a value from the called event-Listener, the value can be accassed in the onBlur method. But are emitted events in vue always executed synchronously?