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Could a Housing Recession Take Down the U.S. Economy?

Could a Housing Recession Take Down the U.S. Economy?

FromPlain English with Derek Thompson


Could a Housing Recession Take Down the U.S. Economy?

FromPlain English with Derek Thompson

ratings:
Length:
37 minutes
Released:
Nov 3, 2023
Format:
Podcast episode

Description

One year ago, it was a matter of conventional wisdom among experts that the U.S. was on the brink of a recession. They were wrong. The latest GDP report showed America’s real output growing at a 4.9 percent annualized rate. That's huge. But just as we zagged a year ago, when we criticized recession predictions, I want to zag again today. It is a matter of broad conventional wisdom that the U.S. economy right now is doing really well. And, for now, it is. But challenges abound, including "higher-for-longer" interest rates, a recession in the apartment construction market, and ongoing global mayhem. Bloomberg columnist Conor Sen counts the five biggest risks to economic growth in the next year—and makes his official economic prediction for 2024.
If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. 
Host: Derek Thompson
Guest: Conor Sen
Producer: Devon Manze
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Released:
Nov 3, 2023
Format:
Podcast episode

Titles in the series (100)

Longtime Atlantic tech, culture and political writer Derek Thompson cuts through all the noise surrounding the big questions and headlines that matter to you in his new podcast Plain English. Hear Derek and guests engage the news with clear viewpoints and memorable takeaways. New episodes drop every Tuesday and Friday, and if you've got a topic you want discussed, shoot us an email at plainenglish@spotify.com! You can also find us on tiktok at www.tiktok.com/@plainenglish_