No one wants to hear it, although all of the pundits love talking about it. Is America heading into a recession? If it happens, how will it affect our region? Luckily, Philadelphia is for the most part managing to skirt by the mortgage crisis. Will we be so lucky next time?
Tomorrow, the Chamber is putting on Economic Outlook 2008 at the Park Hyatt Philadelphia at the Bellevue. The event’s keynote speaker, Mark Zandi, Chief Economist & Co-Founder, Moody’s Economy.com, Inc., has recently been quoted in tons of articles pertaining to the r-word, including a very interesting read in the New York Times today.
The Debate Over How and How Long New York Times (free subscription required)
Housing Forecast: Dreary Inquirer
Economy May Force Fast Action Gloucester County Times
Job Slump Latest Omen of Recession Los Angeles Times
Consensus lacking on ’08 outlook for housing Inquirer
To learn more about the Economic Outlook Event, click here.