Episode 42 - It's Local
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Episode 42 - It's Local
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The national economic news continues to be worrisome, as once again the Federal Reserve opts for a 0.75% increase to the federal funds rate. Inflation remains white-hot. By whatever metric you consider to be the appropriate way to measure a recession, the post-COVID economy continues to sputter in fits as supply-chain issues and government spending cause concern.
But does this mean things are gloomy where you are? While prices are getting higher for everyone, when you dive into the data, there are actually areas in the country that are doing much better than others. Matt and Saki discuss why it's important to factor in local trends and local performance as you consider important decisions for your financial future.
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