Whether the economy enters a recession sooner versus later, it’s important for credit union leaders to watch their members’ reactions to current interest rates, inflation, and assumptions about future rates and inflation. The latest FREE league-member webinar — Credit Unions & Members: Threading the Recession Needle — addresses those issues and more.

Slowing deposit growth, rising interest rate pressures, consumer decisions, local housing markets, and state demographics will slowly change between now and 2030 according to Dr. Robert Eyler, contract economist for the California and Nevada Credit Union Leagues. He addresses:

• Local credit union members/households going into autumn of 2022.
• Inflation’s impact on consumers/businesses and where future speculation is headed.
• Interest rate forecast.
• Auto/vehicle and home sales (housing and rental prices and markets).
• Mid-term election uncertainty and pressures.
• Local labor markets in California and Nevada as a potential recession looms.
• Member deposits and loan volume in a mixed world of inflation and rising interest rates.
• California age versus Nevada age demographics.
• View this complimentary League webinar on-demand HERE (League-member benefit).
  
  

Eyler is an economist and professor at Sonoma State University, principal of Economic Forensics & Analytics Inc., and a board member for Redwood CU. He’s also director of the university’s Center for Regional Economic Analysis. He specializes in local labor markets, households and consumer trends, interest rates, macroeconomic forecasting, and monetary/banking policies.

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