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But, he warned, “if home prices and rents continue to rise here, then yes, we would expect California inflation to remain above national inflation.” The California Association of Realtors ...
California may or may not be in a recession. But how would you know — and why should you care? ... many of the U.S. economic indicators are not at levels that would be an easy call for recession ...
With a potential recession looming, California faces an estimated $25-billion deficit. Lower spending on transportation, housing and education could help close the gap.
Inflation is down and the number of U.S. job openings has fallen from over 12 million in March 2022 to just 8.8 million in July, all while the unemployment rate has remained under 4%.
Inflation and higher interest rates could be an issue. State economy is doing well, but there are bumps ahead, new forecast says. Inflation and higher interest rates could be an issue.
“We have now returned to the no-recession forecast” For premium support please call: 800-290-4726 more ways to reach us
While most countries saw a rise in their annual inflation rate during 2021 and 2022, some of the highest rates of increase have been in Europe, Brazil, Turkey and the United States. [ 120 ] [ 121 ] By June 2022, nearly half of Eurozone countries had double-digit inflation, and the region reached an average inflation rate of 8.6%, the highest ...
Despite a stretch of sky-high inflation and rising interest rates that would typically indicate a recession, the economy has avoided such a slump. Economists are now split on whether a recession ...