Low and stable inflation
reduces uncertainty in the economy, helps people make saving and investment decisions, and is the basis for strong and sustainable economic growth.
«There's plenty
of uncertainty in the economy today, and uncertainty is how you define risk,» says Ken Riggs, CCIM, CRE, president of the Real Estate Research Corp. in Chicago.
However, as seen in Chart 10, there is some evidence of lower heterogeneity among forecasters in the Blue Chip survey compared with the Survey of Professional Forecasters, especially in recent periods, which, in retrospect, were periods of high
fundamental uncertainty in the economy.
«We've seen this on multiple occasions where private capital refused to invest in the market because
of uncertainty in the economy,» said Stevens.
High income shoppers are scaling back due to oscillations in their stock market portfolios, and the Federal Reserve's delay in raising interest rates has also worried shoppers who see the hesitancy as a reflection of
uncertainty in the economy, analysts said.
The uncertainty in our economy will then make investing this way riskier, so major capital projects will likely take a hit.»
It's not only the level of volatility and
uncertainty in the economy that matters to investors, but also the trend and the persistence in this uncertainty.
Additional employment challenges for new graduates include higher unemployment rates due to
uncertainties in the economy.
The first - quarter lull reflected a combination of
uncertainty in the economy, as well as the fact that the Chicago climate does not attract a high volume of travelers during January and February.
Uncertainty in the economy has plagued the commercial real estate industry for several years; however, commercial real estate firms are now experiencing an upturn in the industry.
«We've seen this on multiple occasions,» Stevens said, «where private capital refused to invest in the market because of
uncertainty in the economy.»