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Economic Pulse: Week of 12/15/23

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)

Dr. Kamran Afshar has a Ph.D. in Economics and has taught at graduate and under graduate levels between 1978-88. He has vast experience in economic impact studies, feasibility studies, customer satisfaction surveys, and scientific competitive analysis.
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