Fact-check analysisVerified as of September 14, 2025Curated by FactVerify
True

93% chance of a recession says UBS

Multiple reputable sources confirm that UBS currently estimates a 93% chance of a U.S. Recession in 2025 based on recent economic data.

UBS recession risk 2025: Recession alert! UBS puts US at 93% risk as economy slips into soggy territory - The Economic Times

UBS recession risk 2025: Recession alert! UBS puts US at 93% risk as economy slips into soggy territory - The Economic Times

Source: economictimes.indiatimes.com

At a glance

Key Evidence

Verified September 14, 2025
  • UBS's own factor model analyzing recent economic data points to a 93% recession probability (TipRanks, Fortune).

  • Multiple news outlets report UBS citing an inverted yield curve and credit stress as key recession signals (The Economic Times, Ainvest).

  • Analysts note the risk of stagflation alongside recession risks, indicating complex economic challenges ahead (Fortune, Moguldom).

The reporting

What the Evidence Shows

UBS has publicly stated, supported by its proprietary economic models and analysis of 'hard data' from May to July 2025, that the probability of a recession in the U.S. This year stands at approximately 93%. This assessment is widely reported across various financial news outlets and platforms, including The Economic Times, Fortune, TipRanks, and Newsweek.

The data underpinning this forecast includes indicators such as an inverted yield curve, rising credit market pressures, weak employment growth, and inflationary concerns. UBS also highlights the risk of stagflation, a combination of stagnant growth and rising inflation, mirroring economic conditions reminiscent of the 1970s. While UBS's forecast is notably high and signals significant economic risk, it is consistent across multiple independent reports referencing the bank's analysis.

However, it is important to note that economic forecasts inherently carry uncertainty due to evolving market conditions and policy responses.

Primary trail

Verified Sources10

UBS recession risk 2025: Recession alert! UBS puts US at 93% risk as economy...

economictimes.indiatimes.com
Open source

Recession, Stagflation Fears In The US? UBS Says 93% Chance Of Recession: What's...

youtube.com
Open source

93% Odds of Recession Supported by ‘Hard Data,’ Says UBS

tipranks.com
Open source
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