Is a 2020 Recession Really a Thing?

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

Episode Highlights

  • 0:48 – What’s most likely to cause a recession?
  • 2:38 – Where the U.S. economy currently stands
  • 4:29 – Thoughts from a microeconomist
  • 6:20 – How consumers play into today’s economy
  • 9:06 – The role of political tension in the economy
  • 11:18 – Paul Jarley’s final thoughts

 

Episode Transcription

Transcription coming soon!

Listen to all episodes of “Is This Really a Thing?” at business.ucf.edu/podcast.