NAFCU Chief Economist and Vice President of Research Curt Long explores economic indicators, recent survey data, and the NCUA’s proposed 2024-2025 budget in a new economic update video.
On the economy, Long notes the slowdown in activity, but says it’s a good thing as the slowdown is controlled: “We’re not seeing a nosedive in the economy that would cause us to worry about a recession.”
He also reviews some of the “disappointing” provisions of the NCUA’s proposed budget. Long testified at the agency’s public hearing on the proposal last week.
continue reading »