Has there ever been an economy that has so many mixed signals?

Unemployment is near records lows and there are many, many job openings. But at the same time, some of the nation’s most successful corporations are laying off workers. Inflation is slowing down somewhat, but is still higher than it’s been in decades. Gas prices have gone back up, then down and who knows where they’ll be next week? Consumers are still spending money but interest rates, including mortgages are up.

Did the COVID-19 pandemic change what we thought we knew about the economy? Is our economy healthy or not?

Appearing on The Spark Tuesday was Ryo Tashiro, Senior Outreach Economist in the Research Department at the Federal Reserve Bank of Philadelphia, who said traditional economic indicators are not straightforward right now.



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Has there ever been an economy that has so many mixed signals?
Unemployment is near records lows and there are many, many job openings. But at the same time, some of the nation’s most successful corporations are laying off workers. Inflation is slowing down somewhat, but is still higher than it’s been in decades. Gas prices have gone back up, then down and who knows where they’ll be next week? Consumers are still spending money but interest rates, including mortgages are up.
Did the COVID-19 pandemic change what we thought we knew about the economy? Is our economy healthy or not?
Appearing on The Spark Tuesday was Ryo Tashiro, Senior Outreach Economist in the Research Department at the Federal Reserve Bank of Philadelphia, who said traditional economic indicators are not straightforward right now.
 
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When people come together and talk about really interesting topics, great questions spark better understanding and opportunities for new ideas to form. On The Spark from WITF, hosts Scott LaMar and Aniya Faulcon start the conversations about what’s happening in the world and at home. Share your ideas at https://witf.org/programs/the-spark.

When people come together and talk about really interesting topics, great questions spark better understanding and opportunities for new ideas to form. On The Spark from <a href="https://www.witf.org">WITF</a>, hosts Scott LaMar and Aniya Faulcon start the conversations about what’s happening in the world and at home. Share your ideas at <a href="https://witf.org/programs/the-spark">https://witf.org/programs/the-spark</a>.

The Spark

When people come together and talk about really interesting topics, great questions spark better understanding and opportunities for new ideas to form. On The Spark from WITF, hosts Scott LaMar and Aniya Faulcon start the conversations about what’s happening in the world and at home. Share your ideas at <a href="https://witf.org/programs/the-spark">https://witf.org/programs/the-spark</a>.

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