Attention Economy


Thursday, April 13, 2023

US Economy - A Mixed Picture

There’s a credit crunch all across the country. Here’s why.
https://www.washingtonpost.com/opinions/2023/04/14/banks-lending-down-inflation/
 
How Severe Is the Housing Shortage? It Depends on How You Define ‘Shortage’
https://www.wsj.com/articles/how-severe-is-the-housing-shortage-it-depends-on-how-you-define-shortage-89cdbee7  
Counting the homes we have is straightforward, yet counting the number we need is anything but.

Crosscurrents Hide a Rapidly Cooling Labor Market
https://www.wsj.com/articles/crosscurrents-hide-a-rapidly-cooling-labor-market-41342d41
Even with less demand, a still-constricted supply of workers is keeping pressure on wages, inflation and interest rates.
 
As Silicon Valley sees an exodus, here are the tech hubs that are growing the fastest
https://www.washingtonpost.com/technology/2023/04/12/silicon-valley-bay-area-tech/
Lenient remote work policies and a spate of layoffs have fueled an exodus of Silicon Valley workers, clearing the way for rising investment in other tech hubs.
 
Why We’re Probably Headed for a Recession
https://www.nytimes.com/2023/04/12/opinion/recession-credit-supply-demand.html
 
Dour Earnings Loom Over Wall St. as a Slowing Economy Bites
https://www.nytimes.com/2023/04/13/business/earnings-reports-stock-market.html
The outlook for corporate profits has swiftly deteriorated, with inflation still fast and a banking scare prompting some investor caution.