In the midst of the longest economic recovery in American history, the big question is when the next recession will hit. With unemployment reaching record lows, job growth skyrocketing and consumer confidence at an all-time high, some economists see no end in sight for the expansion that began in 2009. On the other hand, manufacturing is at a 10-year low while the U.S.-China trade war continues. Can the U.S. really avoid a recession in 2020? Or is the bubble about to pop?
Featured Guests
Glenn Hubbard ’79 – Economist; Chairman of the Board, MetLife Inc.Sean Snaith – Director, UCF Institute for Economic ForecastingJohn Solow – Kenneth White and James Xander Professor in Economics, UCF College of BusinessSami Alpanda – Associate Professor, Economics, UCF College of BusinessEpisode Highlights
0:48 – What’s most likely to cause a recession?2:38 – Where the U.S. economy currently stands4:29 – Thoughts from a microeconomist6:20 – How consumers play into today’s economy9:06 – The role of political tension in the economy11:18 – Paul Jarley’s final thoughtsEpisode Transcription
Transcription coming soon!
Listen to all episodes of “Is This Really a Thing?” at business.ucf.edu/podcast.