The Increasing Probability of a U.S. Recession
Finance expert Mike Periu on the possibility of another U.S. recession.
The model looks at four variables: non-farm payroll employment, the index of industrial production, real personal income excluding transfer payments and real manufacturing and trade sales. Whereas the previous four models showed a less than 2 percent chance, the most recent model shows a 19.56 percent probability of recession.
Learn more at the Federal Reserve Bank of St. Louis.
Photo credit: Shutterstock