Forecasting the 2024 economy

CUNA News Podcast

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4M ago 34:38

MP3•Beranda episode

Fresh off its first-ever economic forecast, America’s Credit Unions’ economics team hopped on the podcast to set the stage for 2024.

What do they expect this year? Will the U.S. face a recession? What’s happening in lending? How are credit unions’ balance sheets?

Dawit Kebede, Curt Long, Ligia Vado, and Mike Schenk answer those questions and more, with their baseline forecast calling for modest economic growth of 1.5% in 2024.

Chapter

1. Episode intro (00:00:12)

2. Mike's "in a nutshell" outlook (00:00:56)

3. Interest rates (00:02:59)

4. Labor market (00:06:18)

5. Consumer sector (00:10:14)

6. Housing market (00:11:22)

7. Auto lending (00:15:00)

8. Loan growth and asset quality (00:17:56)

9. Liquidity (00:22:12)

10. Wage pressures (00:24:16)

11. Credit union earnings (00:25:31)

12. Final thoughts (00:27:16)

354 episode

#Business News #Business #Credit #Financial #America's Credit Unions #Credit Union National Association #Union #Cooper #Service

Forecasting the 2024 economy

CUNA News Podcast

13 subscribers

published 4M ago

MP3•Beranda episode

Fresh off its first-ever economic forecast, America’s Credit Unions’ economics team hopped on the podcast to set the stage for 2024.

What do they expect this year? Will the U.S. face a recession? What’s happening in lending? How are credit unions’ balance sheets?

Dawit Kebede, Curt Long, Ligia Vado, and Mike Schenk answer those questions and more, with their baseline forecast calling for modest economic growth of 1.5% in 2024.