Ep8: Stranger Things and Groundhog Day

We released a special edition of the Forecaster. With so much going on in the economy we had plenty to talk about. Topic covered include: COVID and Economic Recovery, Employment, Inflation, Housing, Retail Sales, Supply Chain, Labor Market, and Stimulus.
We issued a special edition of forecaster last week to update the forecast we posted in mid-June.  Taking this extra step is definitely out of the ordinary but if there is anything we have learned in the past 18 months – not much is ordinary.  

The team this week includes, James McCafferty, Hart Hodges, Bethany King and Josh Grandbouche. 

Are we worried about inflation? What is going on in the Labor Market? Are we SURE we aren't looking at a housing bubble? Why are those container ships sitting in the bay? Let's talk about the inflation again, what do we think the Fed is planning? Finally - are school supplies really going to be the new toilet paper?!? I want my college ruled composition notebook!

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2020 Puget Sound Economic Forecaster