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Dr. Bruce Yandle
Professor Emeritus and BB&T Scholar
Clemson University
Click Here to view Dr. Yandle’s December Economic Situation Report.
This month the National Bureau of Economic Research dating committee officially listed December 2007 as the start of the current recession due to weakness in labor and consumer markets. As the unemployment rate inches up to 6.5% workers may receive a little comfort from sinking gasoline prices, but they still wonder how long this period will last and how severe it will become. Taking cues from economic indicator data and other forecasts, Dr. Bruce Yandle will provide perspective on the latest economic trends in a way that is understandable to the economist and non-economist alike. This “birds-eye-view” of the economy will be valuable to staffers interested in promoting policies intended to aid economic performance.
Topics to be discussed shall include:
- Is it possible to predict the length and severity of a recession?
- How can we tell which states or regions may fare better or worse in a recession?
- Should we be glad to see lower gasoline prices and what does the dramatic shift from the summer mean for the economy?
Podcast: Play in new window
| Download
Dr. Bruce Yandle
Professor Emeritus and BB&T Scholar
Clemson University
Click Here to view Dr. Yandle’s powerpoint presentation.
Click Here to view a special update to the Economic Situation Report.
Click Here to view September’s Economic Situation Report.
This summer has proved to be a turbulent time with troubled financial markets seeking to rebuild capital, rising and falling gas prices, presidential campaigns, and destructive hurricanes – but what will this mean for the American economy? In order to keep Congressional staffers up to date on the latest economic trends, the Mercatus Center at George Mason University hosts quarterly briefings that survey the economic scene. Specific attention will be paid to trends in GDP growth, employment, inflation and interest rates, all conveyed in a way that is understandable to the economist and non-economist alike. This “birds-eye-view” of the economy will be valuable to staffers interested in promoting policies intended to aid economic performance.
We will be addressing such topics as:
- How have shoppers in the world market adjusted to the United States’ changing economic condition?
- How did the economy bounce to 3.3% growth? What explains 6.1% unemployment and which states have been hit the hardest?
- How does the United States compare to the rest of the world in developing a knowledge economy?
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