St. Cloud News

SCSU’s Banaian Still Doesn’t Expect a Recession in 2022
SCSU’s Banaian Still Doesn’t Expect a Recession in 2022
The cost of goods and services have been on the rise due to inflation for the past 6 months. King Banaian is the Dean, School of Public Affairs and Economics professor at St. Cloud State. He says with an unemployment rate below 4% and prices rising because people can afford to spend more, he has a hard time believing we're going to have a recession anytime soon.

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