Here’s what you need to know about the state of our economy.
What’s happening in our local economy? We’re deep into the third quarter of the year, so there are new developments you need to be aware of. These numbers are based on a recent study we did; today, we’ll tell you what they mean and how they should impact your economic strategy for the rest of 2023.
You can listen to our full explanation in the video above or skip to each topic using the timestamps below:
0:00 — What’s happening in our economy?
1:17 — GDP is growing
1:42 — Global growth is mixed
2:30 — Inflation will moderate
3:00 — Job growth is continuing but moderating
3:16 — Interest rates increased slightly
4:32 — How this affects our local market
5:13 — Affordability is our biggest housing challenge
6:29 — Wrapping things up
As always, don’t hesitate to call or email us with any questions. We look forward to hearing from you.
