Speakers from across the country and region share what's in store for the year ahead at the 60th annual ASU/PNC Bank Economic Forecast Luncheon
TEMPE, Ariz., Nov. 28, 2023 /PRNewswire/ -- A precise 2024 economic outlook would be invaluable, given such an evaluation is complex. While a recession is becoming less likely, many unanswered questions remain, and we are still concerned about inflation. The ongoing crisis in Ukraine, the war in the Middle East, and tensions with China contribute to the continuing instability in the world economy. The sustained popularity of remote work is affecting commercial real estate and office financing. Climate change led to billion-dollar productivity losses in the U.S. economy. But we can give thanks for substantial growth driven by technological investments in Phoenix's West Valley.
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