'A weird spot': Economy is on solid footing despite widespread anxiety, experts say
ASU and industry experts speculated on the coming year's inflation and unemployment rates during the 60th Annual ASU-PNC Bank Economic Forecast Luncheon.
In this story published Dec. 7, 2023, in The Arizona Republic:
Certain groups of Arizonans clearly are hurting from the combination of rising interest rates, elevated inflation, high housing costs and other pressures over the past couple of years. These groups include renters, commuters, young families struggling to buy a home or afford child care, seniors lacking sufficient long-term savings, and workers without good jobs who face heavy student-loan repayments.
— Dennis Hoffman, professor of economics and director of the Seidman Research Institute
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