Two contestants came on our show to make their forecasts in three categories, home prices, jobs, and inflation. Whoever's prediction got closer to the right answer wins that category. In the second half of today's show, our champion will go on to face a new challenger and tell us what they think will happen for the rest of 2023.
It's time for another installment of ...
Planet Money Predictions! *air horn*
Last year, we invited two economic forecasters to tell us what they saw coming for jobs, the housing market, and inflation. And now they're back. Which means it's time to find out whose predictions were more on the money, and send the victor to the next round, where they face off against a new forecasting phenom.
Since our last game, housing and inflation have cooled, but the job market keeps going strong. And the possibility of a recession still looms large. Our forecasters tell us what they see in the economy now, and what they expect in the months ahead.
This episode was produced by James Sneed. It was engineered by Katherine Silva. It was fact-checked by Sierra Juarez and edited by Molly Messick. Jess Jiang is our acting executive producer.
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