“Current economic challenges from an overheated economy include high inflation, rising interest rates, and slowdowns in construction and real estate. Consumer sentiment has reflected these challenges,” said Phil Dean, Chief Economist at the Gardner Institute. “Yet, there are many often under-appreciated economic buffers. Extremely low employment coupled with improving supply chains and strong overall household, business, and state and local government financial reserves provide a hedge against these challenges in the new year.”
The full results and methodology are now available online.
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