Forecast for U.S. Recession Within Year Hits 100%
October 25, 2022
Article by: Josh Wingrove
The latest recession probability models by Bloomberg economists Anna Wong and Eliza Winger forecast a higher recession probability across all timeframes, with the 12-month estimate of a downturn by October 2023 hitting 100 per cent, up from 65 per cent for the comparable period in the previous update.
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