Sharkey, Howes & Javer

Inside the Economy: Economic Hurdles & Budget Deficit


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This week on “Inside the Economy”, we discuss some economic hurdles in the system, as well as the budget deficit. Savings rates and new mortgage applications have dropped below pre-pandemic levels, along with an increasing office vacancy rate. What does this mean for the economy as we move into the 4th quarter?  The budget deficit has been a main theme this year, but what are the specifics of where the government collects its revenue, current federal spending, and the US budget as a share of GDP? Tune in to learn about this and more!

Key Takeaways:

  • Core CPI inflation at 4.1
  • Oil below $90
  • Unemployment rate hovering at 3.8
  • 30-year mortgages above 7.5%
  • ...more
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    Sharkey, Howes & JaverBy Sharkey, Howes and Javer

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