“Keeping It Real with Dr. Kuehl”: Economic Update Reveals Strong Q2 Numbers and AI Uncertainty

On the most recent episode of the “Keeping it Real with Dr. Kuehl” economic update podcast for ASA members, this week Dr. Kuehl talks to members about the latest news on quarter numbers and the big tech collapse.  

ASA Chief Economist Dr. Kuehl started off the podcast by telling members that the second quarter numbers came in better than we thought. We kept saying recession for this second quarter – maybe even worse. The numbers were a lot better and kept us in the safe zone for a recession.
 

The main motivator for this quarter’s growth was still consumer spending. The upper third has not felt the strain from the economy. The lower third is the one taking the hit.
 

Chris obviously had to talk about the major thing in the news: the big tech collapse – even though it was short lived. The sudden realization is that no one knows what AI really is – now that we have AI, how does it help the industry? This is the revolution for the world – a “segway”. Will AI ever live up to the potential they say it will?
 

Chris ends the podcast by talking about some concerns in the supply chain and logistic costs with The Red Sea. There are a lot of things to be concerned about but also a lot of things we can be encouraged about.
 

Dr. Kuehl produces three free economic update podcasts each month for ASA members (on Friday mornings). The podcasts are available in the MyASA portal at www.asa.net/myasa and through all traditional podcast hosting platforms.
 

Have a question or topic for Chris Kuehl that you would like answered on this podcast? Email it to Bri Baresel at bbaresel@asa.net.
 

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