Economic Conference Provides CU Leaders Insight Into 2023

(Left to right): Dr. Robert Eyler and Dr. Jay Prag presented during this year’s online two-hour Your Economy—Your Credit Union Conference, answering several important questions during a live session with credit union industry leaders from California and Nevada.
(Left to right): Dr. Robert Eyler and Dr. Jay Prag presented during this year’s online two-hour Your Economy—Your Credit Union Conference, answering several important questions during a live session with credit union industry leaders from California and Nevada.

More than 70 credit union industry leaders from California and Nevada attended this year's two-hour online Your Economy—Your Credit Union Conference this week, equipping them for navigating 2023’s unpredictable economy, interest rates, volatile changes in the housing market, and local homeowner affordability issues.

An insightful question-and-answer session at the end of the event elicited interesting questions from credit union leaders across both states, given local economic factors in migration patters, real estate, water issues, interest rates, and especially inflation.

Those who could not attend can purchase the recording here starting Monday, July 18, at 10 a.m. (Pacific) to see and hear the stellar presentations provided by Dr. Robert Eyler and Dr. Jay Prag!

Brought to you by the California and Nevada Credit Union Leagues each year, this event is specifically designed to help credit union leaders and professionals stay ahead of the strategic planning curve for the next year. Topics discussed included:

  • “Recession watch,” inflation, interest rates, financial markets, and the job market.
  • Tension in Eastern Europe and effects on U.S. economic growth and credit unions.
  • Housing market trajectory, migration patterns, and mortgage marketplace considerations.
  • What the future of “housing affordability” and local policies mean for credit union members.
  • Regional housing decisions, fostering affordability, and homeownership/lending solutions.
  • Navigating the nexus of local agencies, public/private initiatives, policy, and member wellbeing.

Eyler is a labor force and housing market expert, economist and professor, and long-time credit union board member. Prag is a housing affordability and inflation expert, economist and professor, and 36-year credit union member.

Please stay tuned for additional economic update webinars and discussions going into autumn and winter!

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