Episode 12: That's my number!

We know that everyone wants to know about inflation - so that's what we are giving you! Inflation numbers and the different metrics we use to try to identify what's really going on in the economy and how people thinking there is going to be a recession, can actually cause a recession.
James, Hart and Bethany get together once again to talk forecasting while faced with a global pandemic, global changes throughout the labor market, supply chain, and massive turmoil within the commodities market, and the introduction of a war.  Main topics of today's discussion are Inflation, Recession, Federal reserve and interest rate adjustments, Labor Market, Consumer Confidence, Retail spend, Construction, different Metrics the team is really looking at and of course, our good friend COVID-19.

A couple of gems from the podcast:
"People can be freaked out about all sorts of things that don't have to do with the economy and it affects the economy." - Bethany King.

"Who knew that being a vegan would be a hedge against inflation..." - James McCafferty.

"yeah it (inflation) is 9% but that's the start of the conversation, not the end." - Dr. Hart Hodges.

Finally Bethany provides a glimpse at what our subscribers will be getting a chance to view with the monthly updates!

 

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2020 Puget Sound Economic Forecaster