Nuvision Credit Union recently hosted an insightful Economic Forecast webinar featuring Nuvision CEO Roger Ballard and Financial industry expert Dr. Christopher Thornberg of Beacon Economics. The Economic Forecast webinar was designed to equip attendees with the knowledge needed to make informed financial decisions, focusing on how local factors impact regions we serve including California, Alaska, Wyoming, Washington, and Arizona.

The U.S. housing market is slowing down from its previously frantic pace, characterized by escalating rates that have led to homes staying longer on the market, according to real estate expert Steven Thomas. As the average market time has stretched due to mortgage rates rising above 7%, home affordability is being squeezed simultaneously. On top of that, increased everyday expenses, reflected in heightened prices for gas and groceries, are forcing many people to reconsider their spending habits, including purchasing homes at these escalated rates.

The lack of financial literacy training can set kids on a dangerous path, creating a cycle of debt and poor money management that is hard to break. Without proper financial education, people are more likely to make less-than-optimal money decisions that will significantly affect their economic stability and well-being in the future.

In a world where economic uncertainty has become the norm, your financial stability and future depend on staying informed. Whether you're struggling with skyrocketing inflation, a volatile housing market, or fears of an impending recession, knowledge is power. To help you find the answers and insights you need, we're thrilled to invite you to our exclusive LIVE Economic Forecast series with economic expert Dr. Christopher Thornberg.