22CF-BVAL: MNCPA Business Valuation Conference (In-Person)
A1. What's a Recession? Is Minnesota in One?
Speaker:
King Banaian
Tue, 8:00 am - 8:55 am
Accountants, journalists, politicians, business owners -- everyone has a personal mental model of what an economic recession looks like. Your perspective – and your clients’ perspectives – are shaped by life experiences, geographic location and other variables. Economists have their own take on what a recession looks like, and it might surprise you. Learn from a practicing economics professor who has more than 20 years of experience forecasting local business cycles. Explore key indicators to gauge economic activity and look at data on Minnesota’s economy that will shed light on its current position. Learn about basic business cycle analysis, the data that reveals meaningful economic information and how to weigh casual anecdotes against facts. Come away with a better understanding of whether Minnesota is in (or facing) a recession and more solid answers to your clients’ questions.
NASBA field of study: Economics - Technical (1)
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