What economic vibes say about reality: Jason Furman on consumer sentiment, recession indicators, and more

How do economists think about "vibes"? Jason Furman, former chair of the Council of Economic Advisors (CEA) and nonresident senior fellow at PIIE explains to host Anjali V. Bhatt what consumer sentiment looks like in the United States today, how economists in the government interpret it to apply to policy, and how his thinking about consumer confidence in the United States and compared to the rest of the world has changed since he left government. They also discuss recession indicators—both what

Source: Peterson Institute (PIIE)