What is the state of the economy?
All through the year, there have been predictions of a recession coming soon. Those predictions have been upgraded in social media to a “silent depression” going on now! This is a new one; it is not a prediction; it is a claim that the economy is currently in depression, and the fact that everybody doesn’t see it is because this is a new type of depression, a silent one.
Click here for the latest Lehigh Valley Economic Review.
Listen to Economic Pulse Fridays at 5:44 PM during All Things Considered; Mondays at 7:30 AM during Morning Edition.
(Original air-date: 12/15/23)
