Newsroom

Geographic Solutions Launches New ‘Economist Corner’ Page

Wed, 03 Apr 2024 15:23:00 GMT

We’re beyond excited to announce the launch of our new ‘Economist Corner’ page on the Geographic Solutions' corporate website! This new page will serve as a dedicated space for our monthly Labor Market Forecasts and Reports, which will offer unique insights and perspectives on the state of the labor market.

Each month, Geographic Solutions’ in-house economist, Phillip Sprehe, will analyze current and historical data from the Bureau of Labor Statistics and Geographic Solutions’ sites and platforms, to break down the latest labor trends, employment projections, and economic indicators. The Economist Corner will feature interactive charts, graphs, and infographics, making it easier for users to visualize and understand the complex data presented in the monthly reports.

You can visit the Economist Corner and access the latest Labor Market Forecast HERE.

Daily Express US Features Geographic Solutions' Economist, Phillip Sprehe

Wed, 26 Jul 2023 17:24:48 GMT

Article first appeared at Daily Express US

According to Daily Express US, experts are forecasting another hike in interest rates. Geographic Solutions’ Economist, Phillip Sprehe, was featured in the article, expressing his thoughts on the news.

Experts are warning that interest rates could hit 5.5 percent next week despite perceived improvements in the economy. The Federal Reserve has been under fire in the last year due to its decision to raise rates multiple times in a row.

Speaking exclusively to Daily Express US, Phillip Sprehe, an economist and labor market analyst at Geographic Solutions, shared why a Federal Funds Rate of 5.5 percent is likely.

“Despite the recent reports showing lower inflation, we anticipate the Fed will continue to increase interest rates by 0.25 percent in the coming months based on recent home and auto prices," said Sprehe.

Read more by visiting the Daily Express US’ website.

The Epoch Times Features Geographic Solutions' Economist, Phillip Sprehe

Tue, 17 Jan 2023 17:43:25 GMT

Based on a story by Tom Ozimek that first appeared at The Epoch Times

The rate of inflation has trended up over the last several months. Prices are falling in some areas but continue to rise in others. Measurements of Consumer Price Index (CPI) in December did show some positive signs of improvement. Late last week, our staff economist, Phillip Sprehe, shared his insight with The Epoch Times on the overall pace of inflation as measured by the CPI. Official inflation data of 6.5 percent is the slowest annual rate in over a year and this number has been trending downward in recent months.

“The CPI has been softening over the last six months which is a good sign that high inflation rates are on a definitive path downward,” said Sprehe.

But, the downward trend may not act as a deterrent to the Federal Reserve.

“The Federal Reserve might also partially disregard the good news, because a significant portion of the reduction comes from volatile energy items which could suddenly reaccelerate,” said Sprehe.

Read more from Sprehe's interview and the entire story by visiting the Epoch Times online.

Can't access the article? Download a PDF version here.