CUs and Members: Variants vs. Volatility in First Quarter 2022

Robert Eyler, credit union economist, board member, and professor of economics at Sonoma State University
Robert Eyler, credit union economist, board member, and professor of economics at Sonoma State University

Credit union economist and labor market expert Robert Eyler recently provided his outlook on the jobs market, interest rates, household incomes, the housing market, and other demographics throughout California and Nevada to help credit unions plan for this year and assist their members in a volatile marketplace.

Continued threats from variants and geopolitical uncertainty, as well as continued inflation pressure, may be forcing market interest rates up before the Federal Reserve makes any decisions, and also threatening member wealth if equity markets begin a turbulent period.

Additionally, Eyler addresses the dynamics of California and Nevada labor markets, some of the regional concerns, and where "we may see continued recovery by industry" in the months ahead.

Housing markets, a key issue for members and credit unions, continue to have strong median price forecasts. But for how long? And is that necessarily a good thing for credit union members?

Eyler provides these insights and more in his first League-economic webinar for 2022 (recorded Jan. 31, 2022).

The Webinar Presenter
Eyler is professor of economics at Sonoma State University, director of the university’s Center for Regional Economic Analysis, president of Economic Forensics and Analytics, and a long-time board member of Redwood CU.

He has also authored books and academic articles concerning monetary economics and policies, macroeconomic policies, banking topics, derivative markets, international finance, and the economics of the wine industry. He’s also the keynote speaker of the Leagues’ annual Your Economy—Your Credit Union Conference.

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