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?
- Glenn Hubbard ’79 – Economist; Chairman of the Board, MetLife Inc.
- Sean Snaith – Director, UCF Institute for Economic Forecasting
- John Solow – Kenneth White and James Xander Professor in Economics, UCF College of Business
- Sami Alpanda – Associate Professor, Economics, UCF College of Business
- 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
Transcription coming soon!