Bloomberg Economics Model Projections Say US Recession 'Certain' in the Next 12 Months

Per Bloomberg

Bloomberg economists Anna Wong and Eliza Winger say the chances of a recession happening within 12 months is up 100% compared to its previous update of 65%.

Another survey found that 42 economists predict a 60% chance, up from 50% last month, of a recession happening in the next 12 months.

  • The chances of a recession happening in 11 months have grown from 30% to 73%.
  • The chances of a recession happening in 10 months have grown from 0% to 30%.