The “in” and “out” List for the Economy in 2024
Out with the old and in with the new. That’s the theme when the year turns over. For 2024, people are taking their lists of what’s “in” and what’s “out” to social media — maybe you’ve seen them floating around your feed. Today we’re making a list of our own: what’s “in” and “out” when it comes to the economy. Sean Snaith has his personal list of what’s in and out this year. At the top of what’s in? A goal we all know well: He wants to exercise more. “This is a form of shaming on a national scale. Perhaps that will make me go to the gym,” he said. That’s one of his promises to himself for 2024. But Snaith, who directs the Institute for Economic Forecasting at the University of Central Florida, said his economic in and out list is more about predictions. And he thinks this year looks a little clearer. “The widespread belief that the U.S. economy is heading into a recession seems to be out,” he said. That out depends on some other ins and outs. For example, Snaith said high levels of consumer spending? Out. What’s also out? “Workers having the strong upper hand over employers,” he said.
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