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NWSOFA Fiscal and Economic Issues Group ZOOM on June 19th
June 19, 2023 @ 7:00 pm - 9:00 pm
RSVP: https://act.indivisible.org/event/local-actions/164565/signup/
Good news in recent economic data – it looks like we are heading for a soft landing:
– the debt ceiling increased until 2025
– nonfarm payrolls increased by 339,000 in May
– the unemployment rate increased to 3.7% in May
– The twelve month CPI has declined from 9.1% last June to 5.0% in March. Twelve month PCE inflation was 4.2% in March
– First quarter Real GDP growth was revised up to 1.3%
The NWSOFA Fiscal and Economic Issues group will meet on Monday, June 19th at 7 pm. The Zoom room will open by 6:50 pm. Come join us, catch up on this year’s economic news and share your thoughts.
David and Karl will be updating the fiscal and economic data. Come discuss the current state of the US economy.
Bottom line is that the data through May show a slowing economy that was still strong.
On Monday, June 19th, David and Karl will try to explain what this all means.
A draft of our May PowerPoint presentation can be found at https://docs.google.com/presentation/d/14kQXNjXVw8JCJzMoLK5EFSYNpdB_68M1/edit?usp=sharing&ouid=118152796039843164051&rtpof=true&sd=true
Videos of past meetings, including the April meeting, can be found at https://www.youtube.com/channel/UCiw8EhKA-e2l3_gM9FVYX2g
After registering, you will receive a confirmation email containing information about joining the meeting.
Link to event information: https://us02web.zoom.us/j/82859573341?pwd=bE14dFE2azJpSy8wYUZOV2RGNkpPdz09