September 2023 Economic Forecast: Our Forecast Continues To Suggest No Recession But Our Index Continues To Decline

Authored by Steven Hansen

EconCurrent‘s Economic Index again declined and now has entered negative territory. We do not see a recession baked in but there continue to be three major indicators signaling a recession.  Read on to understand the currents affecting our economic growth.

August 2023 Economic Forecast: Modest Slowing Of Our Forecast But It Continues To Suggest No Recession Is In The Works

Authored by Steven Hansen

EconCurrent‘s Economic Index modestly declined but remains in positive territory. We do not see a recession baked in but there are three major indicators signaling a recession (no change from last month)  Read on to understand the currents affecting our economic growth.

The State of Joe Sixpack in 1Q2023: The Average Joe Is Even Worse Off Than Last Quarter

Written by Steven Hansen

The Federal Reserve data release (Z.1 Flow of Funds) – which provides insight into the finances of the average household – shows a decline in average household net worth and an improvement in income. Our modeled “Joe Sixpack” – who owns a house and has a job, but essentially no other asset – is worse off than he was last quarter.