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Journal Article
Evansville forecast 2024
2023
Overview
Over the last year, uncertainty about inflation rose to unprecedented levels since the start of the COVID-19 pandemic and the divergence among professional forecasters regarding future inflation was much in evidence.!Among much economic uncertainty, components such as labor market conditions, metrics of output and productivity indicators, inflation uncertainty emerged as the dominant source of our aggregate economic uncertainty, bookended by the Russian invasion of Ukraine. 2_ In 2023, inflation risks continued to impact the direction and level of economic activity at the local, regional and national levels in the U.S.
Publisher
Indiana University, School of Business
Subject
