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Economists think that we’ll see a recession AND inflation this year
Mar 27, 2023

Economists think that we’ll see a recession AND inflation this year

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A new survey from the National Association of Business Economics indicates that economists believe the U.S. economy will have to endure high inflation along with a potential recession this year. Julia Coronado, president of the organization, talks through the data. Plus, Chinese factories are struggling to get back to their pre-lockdown production levels even after restrictions were lifted. And, we talk with WNYC senior reporter Nancy Solomon about how tax breaks intended on bringing jobs to the city of Camden, NJ mostly didn't boost local employment. 

Segments From this episode

Tax breaks promised jobs in New Jersey's poorest city — they mostly didn't deliver

Mar 27, 2023
The city of Camden was supposed to bring jobs from some of America's biggest companies. So far, that's mostly gone unfulfilled.
Children look out at homes in Camden, New Jersey. Many companies that benefit from state-level tax breaks employ barely any of the city's residents.
Spencer Platt/Getty Images

The team

Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Ariana Rosas Producer
Jarrett Dang Digital Producer (gone fishing)
Jesson Duller Media Producer
Brian Allison Technical Director
Nick Esposito Media Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Olie D'Albertanson Producer, BBC