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The John Batchelor Show

#SmallBusinessAmerica: Slowdown but not yet a recession. @GeneMarks @Guardian @PhillyInquirer

The John Batchelor Show

John Batchelor

Books, News, Society & Culture, Arts

4.52.8K Ratings

🗓️ 22 April 2023

⏱️ 12 minutes

🧾️ Download transcript

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@Batchelorshow
Taiwan


#SmallBusinessAmerica: Slowdown but not yet a recession. @GeneMarks @Guardian @PhillyInquirer
https://genemarks.medium.com/the-one-metric-that-matters-when-predicting-a-recession-8517d1c386c4



Transcript

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0:00.0

This is CBS, I Am The World, I'm John Batchler.

0:07.7

Small Business is the business of America.

0:10.4

Watching small business as we hear repeatedly from the major economists, the government

0:15.8

and Wall Street, the recession is here or not.

0:19.8

It looks like it's more here than not.

0:22.3

However, I welcome Jean Marx.

0:25.2

He's a small business columnist for the Guardian newspaper, UK and US edition.

0:29.7

I recommend both editions, cover the world, as well as our hometown newspaper, the Philadelphia

0:35.3

Fien Quire and other distinguished publications, including The Hill.

0:39.8

And we go immediately to Jean's column in The Hill entitled The One Metric that Matters

0:44.8

When Predicting a Recession.

0:47.0

Jean, a very good evening to you.

0:49.0

Take us drumroll.

0:50.8

What are we watching for and what to tell us?

0:53.5

It could even two, Jean.

0:54.5

Hey, John, it's funny.

0:56.5

You and I have these conversations all the time.

0:58.3

We talk about all sorts of different metrics that are out there, the architectural, buildings,

1:02.9

index and, you know, home sales and confidence.

1:07.1

And, well, you know, also, consumer prices, construction data, all of that.

1:10.6

And we're trying to make sense of the economy.

1:12.6

You know, it's because of our conversations that we have.

...

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