Economic, Political and Business Climate
Roger Tutterow, Ph.D., Mercer University
This discussion provides a timely overview of the current national and regional economic environment. Topics include determinants of the current recession including the role of energy prices in consumer price inflation, the “credit crunch” and its implications for household and business spending, the valuation of real and financial assets including the current correction in the residential real estate market, shifts in real estate financing, the outlook for monetary (Federal Reserve) and fiscal (Treasury) policy and the implications of the recent elections for the political climate “inside the beltway” and in the communities served by our financial institutions.
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