#SmallBusinessAmerica: Slowdown but not yet a recession. @GeneMarks @Guardian @PhillyInquirer
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 22 April 2023
⏱️ 12 minutes
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#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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