Leading into 2023, concerns around recession and inflation remain, with potential impacts on demand for housing and home improvements. Join the HIRI hosted webinar where S&P Market Intelligence economists Michael Zdinak and Patrick Newport to hear their perspective on labor market tightness and inflation and what that suggests for further interest rate moves.
Spoiler alert! The expectation is that tight monetary policy will dip the economy into recession early in 2023 due to interest rate impacts on home affordability, starts, sales, prices, and home improvement demand. How deep and how long the recession is likely to be will be a major focus of the discussion, as well as discussing what recession depth and length will suggest for consumer behavior. Hear projections from a best case and worst-case kind of perspective.