Businesses Feel Economic Impact of Writers Strike
Spectrum News 1: “We are just coming out of the pandemic where we all suffered including the writers and the economy. We are also looking at a possible economic recession. The economy has been…
Spectrum News 1: “We are just coming out of the pandemic where we all suffered including the writers and the economy. We are also looking at a possible economic recession. The economy has been…
Detroit Free Press: Sung Won Sohn, a finance and economics professor at Loyola Marymount University, said slowdowns that hit specific industries or communities are already taking place. Rolling recessions, he said, exist in housing,…
Washington Post: The labor market — a pillar of economic resilience — has led to a “rolling recession,” where parts of the economy, such as housing or manufacturing, take turns contracting, according to Sung…
CNN: “On the surface, price pressures are lessening. But when the box is opened, [core inflation] accelerated to the highest rate since May 2021,” Sung Won Sohn, president of SS Economics and Loyola Marymount…
New York Times: “The tech sector is the workhorse of the state’s economy, it’s the backbone,” said Sung Won Sohn, a finance and economics professor at Loyola Marymount University. “These are high earners who…
CBS-LA: Depending on viewing habits, streaming may not always be the most cost-effective, explained Sung Won Sohn, LMU professor of finance and economics. “You could be saving $100 a month but it can add…
“There is no question that the labor market is still tight, probably hot, but I think it has begun to cool and the cooling trend should continue going forward,” said Sung Won Sohn, finance…