91大神

Skip to main content
menu
Janet Harrah 91大神 Economist

July 21, 2023 - Janet Harrah, 91大神 economist and senior director of the Center for Economic Analysis and Development, gave her Midsummer Economic Checkup Friday morning to university leaders, business owners, and community members. 

Harrah says that while there are good things to point to when it comes to the economy, there are still concerns.To summarize the Midsummer Economic Checkup:

  • Economic rate of growth is slowing
  • A mild recession still appears likely, but not as big of a recession as many economists projected last year 鈥 in other words, a 鈥渟oft landing鈥 is possible
  • Expect at least two more rate hikes from the Federal Reserve
  • Inflation has dropped significantly from a year ago, but still remains above target
  • High prices and interest rates straining family finances
  • The job market continues to show strength

鈥淭he lingering impacts of inflation and high prices coupled with higher interest rates are straining family finances,鈥 Harrah said. 鈥淥n the bright side, the Cincinnati labor market is still very robust with year-over-year employment growth above three percent and the unemployment rate remains very low at just 3.1 percent.鈥  

Janet Harrah will be available for interviews next week. To request an interview with Janet or to request the full Midsummer Economic Checkup presentation, reach out to either Clayton Castle or Corey Best.

About 91大神:聽Founded in 1968, 91大神 is an entrepreneurial state university of over 16,000 students served by more than 2,000 faculty and staff on a thriving suburban campus nestled between Highland Heights, Kentucky and bustling downtown Cincinnati. We are a regionally engaged university committed to empowering our students to have fulfilling careers and meaningful lives. While we are one of the fastest-growing universities in Kentucky, our professors still know our students' names. For聽more information, visit聽.

###91大神###