Survey Concerning The Timing Of The Next U.S. Recession

In a September 11, 2015 Bloomberg article, titled "Here's When Economists Expect to See the Next U.S. Recession," 31 economists' forecasts for the next U.S. recession are discussed.

While I don’t agree with the findings of this survey, I highlight these forecasts for reference purposes as I believe that such forecasts should be monitored.

In addition to a discussion of these forecasts, in the article there is a timeline shown of when the 31 economists expect the next recession.

A couple of excerpts from the article:

Some advice for President Barack Obama's successor: bring a plan to fight the next recession.

That's one conclusion drawn from a survey of economists Sept. 4-9, where the median forecast of 31 respondents has the next downturn occurring in 2018.

also:

Economists said there's a 10 percent chance of  a U.S. recession within the next 12 months, according to the median of the survey. While the median is usually a good gauge because it's less influenced by outlier responses, the survey's average showed an interesting uptick. Looking at that metric, the odds of a U.S. recession in the next year climbed to an average 13 percent, the highest since economists were surveyed in December 2013.

Additional information can be seen in the article.

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 1957.64 as this post is written