CUNA Senior Economist Dawit Kebede gives an update to the previous June forecast in this month's Economic Update video, as well as examines some key figures heading into the fourth quarter of 2021.
His discussion also includes a look look at consumer demand and its effects on economic growth and inflation; the unemployment rate to end of 2021 and beyond; and the historic low charge-off rate in the second quarter.
Main changes to the previous June Forecast include the following: