2022 Eller Economic Outlook Luncheon

3800 East Sunrise Drive,Tucson AZ 85718

09 December, 2022

Description

As cross currents buffet the Arizona economy, it looks different depending on the lens used to view it. The labor market remains very tight, generating strong job gains, low unemployment rates, rapid wage increases, and a mountain of open jobs. At the same time, retail sales has begun to slow, inflation far exceeds income growth, housing affordability has plunged, and interest rates are rising. Where are the global, national, state, and local economies headed next? Will increasingly restrictive monetary policy succeed in bringing inflation down without causing a recession? Will state and local house prices moderate? Will rising unemployment put downward pressure on wages? Will manufacturing jobs continue to grow rapidly? Be sure to join us for this key event! Questions? Contact us at [email protected] or call 520-621-2155.