economy | Gerald R. Ford School of Public Policy
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In the Media

Dominguez breaks down how exchange rates impact inflation

Jan 13, 2023 BBC
Kathryn Dominguez, BBC: "We saw this really dramatic appreciation of the dollar when the US was really moving most forcefully against inflation earlier in 2022. As exchange rates stabilize, that kind of moving of inflation from one country to...
Kathryn Dominguez speaks to prospective students at the Ford School's Spring Preview
In the Media

Stevenson breaks down latest CPI report

Jan 12, 2023 Washington Post
Betsey Stevenson, Washington Post: "What we saw in the inflation data is that what [the Fed] is doing is working. And so far, it hasn’t slowed the economy so much that we’ve seen net losses in jobs. We’ve seen some corrections in the labor market....
Betsey Stevenson
In the Media

Stevenson breaks down last jobs report of 2022 on Bloomberg

Jan 6, 2023 Bloomberg
Betsey Stevenson, Bloomberg: "It's a very strong jobs report. What we saw was ongoing job growth. 2021 was the strongest year of job growth we've ever had, and 2022 came in there as the second. We did see some slowdown as the year continued but even...
Betsey Stevenson
In the Media

Stevenson breaks down tech layoffs

Dec 12, 2022 NPR Consider This
Betsey Stevenson, NPR Consider This: "I do not think it's indicative of a sector that's struggling. I think it's indicative of a sector that had gangbuster growth over the last couple years and maybe got a bit ahead of its skis thinking that that...
Betsey Stevenson
In the Media

Dominguez discusses the weakening dollar

Dec 5, 2022 NPR Marketplace
Kathryn Dominguez, NPR Marketplace: "Manufacturing companies that are selling abroad and competing with foreign manufacturers may find that they are able to do better with a less-strong...
Kathryn Dominguez speaks to prospective students at the Ford School's Spring Preview
News

Stevenson breaks down latest jobs report data

Dec 5, 2022
In addition to providing BLS Monthly Jobs Report Rapid Insights, Betsey Stevenson, professor of economics and public policy, has lent her expertise to numerous media outlets to break down the latest jobs report. Here's what she had to say about the...
Betsey Stevenson
News

Ivacko discusses voter priorities in 2022 election

Oct 30, 2022
Ahead of the midterm election, Tom Ivacko, executive director of the Center for Local, State, and Urban Policy, joined WXYZ Detroit to discuss what's on voters' minds. "This is a very interesting election cycle. Typically, the economy is one of...
Tom Ivacko
In the Media

U.S. not in a recession, Wolfers tells WDIV

Oct 23, 2022 WDIV
Justin Wolfers, WDIV: "One level more complicated, and another level much simpler. Which is, as of right now, the U.S. economy is not in a recession. Last time we talked, the U.S. economy wasn't in a recession, and the U.S. economy hasn't been...
Photo of Justin Wolfers
News

Stevenson breaks down inflation's causes on 'Face the Nation'

Oct 19, 2022
As inflation continues to rise, voters are getting more and more worried about the economy. To alleviate some of that concern, Betsey Stevenson, professor of public policy and economics, provided her expertise on CBS News: Face the Nation. "It is...
Stevensom SRM Subcommittee Hearing Teaser Display
News

Wolfers to IMF: reasons for optimism amid uncertainty

Oct 19, 2022
Ford School professor Justin Wolfers, an expert economist, recently joined the International Monetary Fund as a panelist to discuss the current economy and how to boost resiliency.  "I just wanted to offer a moment of rhetorical reframing because...
Justin Wolfers
In the Media

Stevenson reacts to September inflation report

Oct 13, 2022 CNBC
Betsey Stevenson, CNBC: "Obviously, this isn't a report that anyone likes to see. At the same time, I want to say we should never overreact to one report. What are we seeing here? We saw really fast inflation in services. So what's going on? We're...
Betsey Stevenson
In the Media

Stevenson analyzes September job report

Oct 10, 2022 DBusiness
Betsey Stevenson, DBusiness: "The job growth in September came largely from industries that drove pre-pandemic job growth, but have struggled in the wake of the...
Betsey Stevenson
In the Media

Wolfers says Fed is on track to a 'soft landing'

Oct 8, 2022 CNN News Source
As economic worries continue, Justin Wolfers, professor of public policy and economics, provided his expert opinion on inflation and the economy. “The thing that’s hurting people of course is inflation," he said. “This has been a key goal of the...
Photo of Justin Wolfers
In the Media

Stevenson predicts what a no-COVID economy would look like

Oct 7, 2022 NPR Marketplace
What would the economy look like if the COVID-19 pandemic didn't happen? Betsey Stevenson, professor of public policy and economics, weighed in on the question. "We would have had 5 million more jobs, not 500,000 more jobs," Stevenson said. "A...
Betsey Stevenson
News

Stevenson provides insight on rising inflation

Oct 3, 2022
As Americans continue to worry about inflation, Professor Betsey Stevenson appeared on NPR and in The New York Times this week. Gen Z is feeling the impacts of high inflation extra hard, NPR, October 1, 2022 "Inflation has been pretty darn...
Betsey Stevenson
In the Media

Stevenson puts corporate layoffs in perspective

Sep 25, 2022 NPR Marketplace
As sales lag, more corporations are laying off workers, and raising fears of a recession. Though the July Openings and Labor Turnover Survey showed losses of 1.4 million jobs, the average is usually 2 million.  Ford School Professor Betsey...
Betsey Stevenson
News

Wolfers provides expertise on current state of economy

Sep 9, 2022
Justin Wolfers, professor of public policy and economics, has made numerous appearances in the media recently, providing his expertise on the current state of our economy. Here is a compilation of his recent contributions: 'Both a warning and a...
Justin Wolfers
In the Media

Core measures do a better job to predict inflation, says Wolfers

Aug 16, 2022 Quartz
Economists have a lot of data—consumer prices and monthly inflation rates— to measure inflation and predict prices. But Ford School economist Justin Wolfers explains that cherrypicked numbers are contributing to general confusion about what's...
Justin Wolfers
In the Media

State inflation relief checks are not a stimulus, says Hausman

Jul 6, 2022 NPR Marketplace
A dozen states are providing tax rebates to residents who qualify. Professor Joshua Hausman told NPR Marketplace they are designed to help people deal with rising prices, not stimulate the economy. “This is not a good idea if you care about...
Joshua Hausman
In the Media

'Not a single indicator that a recession is coming' - Wolfers

Apr 13, 2022 Los Angeles Times
With inflation running high, yet unemployment low, President Biden's approval rating has sunk, signaling the economic anxiety of Americans. In light of this, Justin Wolfers, professor of public policy and economics, discussed the economy and...
Photo of Justin Wolfers
News

Stevenson and Wolfers discuss latest jobs report

Apr 4, 2022
The labor market is still booming, according to the latest jobs report. Justin Wolfers and Betsey Stevenson, both professors of public policy and economics, broke down what the jobs report means for Americans. "I do think it more likely that the...
Betsey Stevenson and Justin Wolfers
News

Stevenson discusses gender dynamics in the labor market

Mar 29, 2022
Men and women experience the labor market very differently. Betsey Stevenson, professor of public policy and economics, who studies those differences notes that women's roles as caregivers, and a lack of affordable childcare or paid leave, are major...
Betsey Stevenson
In the Media

Stevenson analyzes conflicting views of the economy

Mar 17, 2022 The New York Times
Republican governors across the country have been criticizing President Biden for his economic policies while touting their own. Betsey Stevenson, professor of public policy and economics, weighed in on the trend. “Basically it’s insane to say,...
Betsey Stevenson
News

Stevenson describes Biden report, current labor market

Mar 8, 2022
A new report from the Biden administration highlights how employer practices, including collusion and constraints on competiton, are limiting workers' choices and wages. Betsey Stevenson, professor of public policy and economics, explained the cause...
Photo of Betsey Stevenson leading a class