ALEXANDRIA, Va. (3/5/14)--In the National Credit Union Administration's newest "Economic Update" video the agency's chief economist, John Worth, reviews recent economic developments and what they may mean for credit unions.
Worth notes that the economy seemed to be gaining strength at the end of last year, but more recent data have been "somewhat disappointing," especially in the labor market. He adds that some of the decline could be attributed to unusually bad winter weather.
Still, he says in the video, most economists expect 2014 to be a "pretty good" year for growth and employment.
The video is the latest in a series of NCUA YouTube videos to inform the public and credit unions about general economic and credit union specific developments.
The videos can also be viewed on the NCUA's YouTube page by using the resource link below.