CUNA's November Economic Update examines rural America
CUNA has released the November 2019 edition of the Economic Update, sponsored by the CUNA Finance Council. In the November edition, Chief Economist Mike Schenk explores the disconnect between continued economic success national and the actual results of that success for everyday people.
“Healthy and generally improving economic conditions are obvious just about everywhere you look,” Schenk noted. “But that’s not to say there aren’t significant challenges. In fact, challenges and dislocations aren’t difficult to find.”
The November video also features:
- The lowest unemployment rate in the U.S in nearly 50 years
- Why branch location matters- especially for non-wealthy consumers
- Exceptional growth of rural America credit union membership and what that means for local and national economies
The November 2019 CUNA Economic update is available complementary to all CUNA members. To watch the video and other past updates, visit cuna.org/economicupdate.
Learn more from Schenk at this month's Credit Union Magazine feature, Serving struggling rural areas.