Understanding the 2022 Economy

July 15, 2022 – Haworth Connect hosted former CNBC Chief Economist Dr. Marci Rossell today for a webinar that offers guidance through the perilous and unique waters of the 2022 economy. The recorded webinar is available here.

“The pandemic came along and many of us managed to keep our jobs and even thrive as we shifted to a remote work environment. It's just one thing that helps you realize that the economy today is completely different than your dad's economy from the 1970s,” Dr. Rossell said.

As the Federal Reserve raises rates, fears of a recession are taking hold of businesses and individuals alike. Yet an economic slowdown may be the only answer to rising inflation and supply chain backups.

Inflation is at a 40-year high, evoking memories of America’s Great Inflation of the late 1970s, which was characterized by stagflation, a combination of high inflation and low growth. But such a repeat isn’t likely because of how dramatically technology has changed modern life from a half-century ago.

More past Haworth Connect events are available here and future events are here.

Haworth believes great spaces empower people to thrive and work their best. As a leading global furniture maker, the company partners with customers, dealers and influencers to create spaces that result in effective people and efficient real estate. Haworth’s customer-first approach comes from an entrepreneurial spirit, design-forward thinking and multicultural perspectives. With a heritage in the workplace, Haworth is the founding brand of Haworth Group. The Haworth Group designs at the intersection of people and environments with brands like Haworth, AIS, BuzziSpace, Cappellini, Cassina, Ceccotti Collezioni, Heller, Hushoffice, Interni, JANUS et Cie, Karakter, Luminaire, Luxury Living Group, Poltrona Frau, Tayco, Tuohy and Zanotta.

 

Founded in 1948, Haworth Group is a privately-owned company operating in more than 150 countries through a global network of 400 dealers and 8,000 employees. Headquartered in Holland, Michigan, U.S.A., the company has sales of $2.7 billion USD.