Dr. Sean Snaith, UCF: Florida Economic Update & Predicting Recessions

Dr. Snaith is the Director of the University of Central Florida’s Institute for Economic Forecasting and a nationally recognized economist in the field of business and economic forecasting. An award-winning forecaster, researcher and professor, Snaith applies academic expertise to solve real-world problems. He has served as a consultant for local governments and multi-national corporations such as Compaq, Dell and IBM.  Snaith holds a Ph.D. in Economics from Pennsylvania State University. Snaith frequently is interviewed in national and regional media and is a sought-after speaker. He has been quoted in The Wall Street Journal, USA Today, The New York Times, The Economist and CNNMoney.com and has appeared on CNBC, Fox Business Network and Business News Network, based in Toronto. Sean correctly called the end of the great financial crisis in June 2009. Prior to that, Snaith was named by Bloomberg News as one of the nation's most accurate forecasters in 2008. In 2007, he was named California’s most accurate forecaster by the Western Blue Chip Consensus Forecast. In this episode, we will talk about the Fed, inflation, and discuss how we are headed for a pasta-bowl recession. We focus the rest of the episode on the state of Florida and potential headwinds to growth such as rising housing costs, supply chain shortages, labor market shortages, and high overall inflation. Last, we discuss ways the state of Florida (and particularly Central Florida) can best position itself for future growth. Our host today is Steve Curley, CFA, prior President of CFA Society Orlando, current board member & co-founder of The Investors First Podcast. Please enjoy the episode. Follow us on Twitter and LinkedIn.