{"id":439,"date":"2025-05-14T18:38:39","date_gmt":"2025-05-14T18:38:39","guid":{"rendered":"https:\/\/blogarchive.utc.edu\/crer\/?p=439"},"modified":"2025-05-14T18:39:41","modified_gmt":"2025-05-14T18:39:41","slug":"5-14-25-special-crer-forecast-for-the-chattanooga-economy","status":"publish","type":"post","link":"https:\/\/blogarchive.utc.edu\/crer\/2025\/05\/14\/5-14-25-special-crer-forecast-for-the-chattanooga-economy\/","title":{"rendered":"5\/14\/25: Special CRER Forecast for the Chattanooga Economy"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignleft size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"525\" src=\"https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/05\/Picture1-1-1024x525.png\" alt=\"\" class=\"wp-image-441\" style=\"width:414px;height:auto\" srcset=\"https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/05\/Picture1-1-1024x525.png 1024w, https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/05\/Picture1-1-768x394.png 768w, https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/05\/Picture1-1-1536x788.png 1536w, https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/05\/Picture1-1-2048x1051.png 2048w, https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/05\/Picture1-1-780x400.png 780w, https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/05\/Picture1-1-580x298.png 580w, https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/05\/Picture1-1-610x313.png 610w, https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/05\/Picture1-1.png 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p>In light of the ever-changing national situation and outlook, the CRER has released a special forecast outside of its regular schedule of quarterly forecasts. The CRER\u2019s updated forecast provides three scenarios based on the Blue Chip survey, and one based on the occurrence of a moderate recession along the lines of the 1990 and 2001 recessions.\u00a0Under the consensus forecast for the US economy, local job growth would be slow throughout 2025 and pick up in 2026. The two recession scenarios (mild and moderate) indicate a loss of 900 and 5,000 jobs in 2025, respectively, along with slow growth in 2026. Under the most optimistic scenario, the local economy would gain 2,700 jobs in 2025, which would be the slowest annual growth since 2014.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.utc.edu\/sites\/default\/files\/2025-05\/special-forecast-05-12-25.pdf\">Download the forecast here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In light of the ever-changing national situation and outlook, the CRER has released a special forecast outside of its regular schedule of quarterly forecasts. The CRER\u2019s updated forecast provides three scenarios based on the Blue Chip survey, and one based on the occurrence of a moderate recession along the lines of the 1990 and 2001&hellip; <\/p>\n<p class=\"more-link-wrap\"><span><a class=\"more-link button text\" href=\"https:\/\/blogarchive.utc.edu\/crer\/2025\/05\/14\/5-14-25-special-crer-forecast-for-the-chattanooga-economy\/\"><span>Continue Reading <\/span><\/a><\/span><\/p>\n","protected":false},"author":2009,"featured_media":441,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-439","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-forecast","8":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5\/14\/25: Special CRER Forecast for the Chattanooga Economy - Center for Regional Economic Research Archive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogarchive.utc.edu\/crer\/2025\/05\/14\/5-14-25-special-crer-forecast-for-the-chattanooga-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5\/14\/25: Special CRER Forecast for the Chattanooga Economy - Center for Regional Economic Research Archive\" \/>\n<meta property=\"og:description\" content=\"In light of the ever-changing national situation and outlook, the CRER has released a special forecast outside of its regular schedule of quarterly forecasts. The CRER\u2019s updated forecast provides three scenarios based on the Blue Chip survey, and one based on the occurrence of a moderate recession along the lines of the 1990 and 2001&hellip; Continue Reading\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogarchive.utc.edu\/crer\/2025\/05\/14\/5-14-25-special-crer-forecast-for-the-chattanooga-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"Center for Regional Economic Research Archive\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-14T18:38:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-14T18:39:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/05\/Picture1-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2280\" \/>\n\t<meta property=\"og:image:height\" content=\"1170\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Howard Wall\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Howard Wall\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogarchive.utc.edu\/crer\/2025\/05\/14\/5-14-25-special-crer-forecast-for-the-chattanooga-economy\/\",\"url\":\"https:\/\/blogarchive.utc.edu\/crer\/2025\/05\/14\/5-14-25-special-crer-forecast-for-the-chattanooga-economy\/\",\"name\":\"5\/14\/25: Special CRER Forecast for the Chattanooga Economy - 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