Model based on Beige Book text predicts a 24% chance of recession - but has been choppy lately
November 10, 2025
November 10, 2025
CLEVELAND, Ohio, Nov. 10 -- The Federal Reserve Bank of Cleveland issued the following news release:
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Model based on Beige Book text predicts a 24% chance of recession - but has been choppy lately
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A model that uses economic sentiment extracted from the Beige Book to forecast recessions suggests there is a 24 percent chance that the US economy was in recession in October 2025, although this assessment is less reliable than in previous dec . . .
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Model based on Beige Book text predicts a 24% chance of recession - but has been choppy lately
*
A model that uses economic sentiment extracted from the Beige Book to forecast recessions suggests there is a 24 percent chance that the US economy was in recession in October 2025, although this assessment is less reliable than in previous dec . . .