Interested in a in-person discussion about tariffs and a journey to our campus in Bellingham? WWU's Economic Department is hosting Dr. Badri Narayanan Gopalakrishnan, founder of Infinite Sum Modeling LLC, will speak in the first Fall 25 Economics Department Discussion Group (EDDG) seminar on Wednesday, October 15, 4-5:30 PM in PH 441. He will present his paper "Impact of the Trump 2.0 Tariffs on the global economy, climate and energy transition." This is a free event! More information at: https://buff.ly/QvcK3qC
Consumers see higher inflation in the year ahead, with signs that lower and middle-income households are feeling most of the burden of rising price pressures, according to a monthly survey from the Federal Reserve Bank of New York. Expectations for consumer price increases one year ahead jumped to 3.4% in September from 3.2% in the prior month. The increase was most significant for households earning less than $50,000, and for consumers with at most a high school education.
Carlyle Group is releasing its own estimates of US economic data. The investment manager is stepping into the economic data void left by the US government shutdown with a grim read on the labor market. Carlyle estimates that just 17,000 jobs were created, among the weakest results since the US economy emerged from the 2020 recession. https://buff.ly/e8didvb
Thoughts on the Latest Economic News