Is There a Moderation or a Slowdown?

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CNN's John Sutter looked at some of the new economic indicators that have emerged since the pandemic. These include restaurant reservations on apps like Open Table and Hotel Reservations. One economist says plastic surgery spending is probably the best tracker of discretionary spending. But now we're coming off of a high, so could this be a sign of moderation?

Economists have more information at their fingertips than ever before. And yet, in many ways it’s become more difficult for them to predict if–and when–a recession is coming.

Why is that? US economy reporter Katia Dmitrieva joins this episode to talk about how economists peering into the future are turning to all kinds of tools–some expected (employment data), and others….not so expected (men’s underwear?).

And Simon Kennedy, who leads Bloomberg’s economic coverage, gives his answer to the question on everyone’s mind these days: will there be a recession this year, or not?

Read more here: https://bloom.bg/400cafw

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