Author Archives: Christine Chmura

About Christine Chmura

Christine Chmura is president and chief economist at Chmura Economics & Analytics. She can be reached at [email protected].

Is US Economy Headed Toward a Depression? No, but a Recession is Likely

With so much uncertainty surrounding the COVID-19 crisis, it is difficult to predict how the economy will fair for the remainder of the year. Many economists have been looking for a drop in real gross domestic product — the monetary … Continue reading

Posted in Economy | Comments Off on Is US Economy Headed Toward a Depression? No, but a Recession is Likely

Political polls, like economic forecasts, can vary greatly depending on assumptions

Predicting economic growth and the outcome of elections have something in common: Both rely on assumptions. We economists make assumptions about when and by how much the Federal Reserve will increase interest rates or whether the coronavirus will lead to … Continue reading

Posted in Economy, Politics | Comments Off on Political polls, like economic forecasts, can vary greatly depending on assumptions

Forecast for 2020 Looks Better Than it Did a Year Ago

What a difference a year makes. Last year at this time there was talk of recession, in part, because the stock market and yield curve were signaling warning signs. At the end of 2018, the Dow Jones Industrial Average had … Continue reading

Posted in Economy | Comments Off on Forecast for 2020 Looks Better Than it Did a Year Ago