How do economists forecast recessions?




Marketplace show

Summary: <p>Many CEOs and economists anticipate a recession this year. But their predictions, based on economic data and historical trends, are part art and part science. Today, we’ll dig into how those forecasts are made. Plus, why inflation varies depending on where you live, how business owners in China feel about reopening and how lawmakers’ pay, or lack thereof, influences who serves in government.</p> <p><em>Need some Econ 101? <a class="c-link" href="https://cloud.connect.americanpublicmedia.org/marketplace-crash-course" target="_blank" rel="noopener noreferrer" data-stringify-link="https://cloud.connect.americanpublicmedia.org/marketplace-crash-course" data-sk="tooltip_parent" data-remove-tab-index="true">Sign up for our Marketplace Crash Course</a> and get weekly lessons to complete at your own pace!</em></p>