Illinois Bank & Trust
2021 Mid-Year Economic Update Webinar

Hear from guest speaker and leading economist, Anirban Basu, Chairman & CEO of Sage Policy Group, Inc., as he presents an entertaining mid-year economic update. View the full webinar presentation and short video clips of key topics discussed.

While we may not have a magic wand to reveal the future, we have the next best thing! View our 2021 Mid-Year Economic Update webinar to catch a glimpse of how your business may be impacted by possible market and industry trends.

Leading economist, Anirban Basu, Chairman and CEO of Sage Policy Group, Inc., delivers an insightful, entertaining “Chamber of Data” themed presentation that pays a subtle homage to the Harry Potter series. Don’t worry, we didn’t let the sorcery get out of hand.

During this webinar, Basu delivered economic data and an analysis juxtaposing the pre-pandemic and pandemic world, as well as a forecast for the post-pandemic environment. Among the areas of focus are:

  • Labor Markets
  • Financial Markets
  • Real Estate
  • Construction
  • Consumer Spending
  • Business Investment
  • International Trade
  • Government Finances

 

Anirban Basu

Meet the Presenter:

Anirban Basu, Chairman & CEO of Sage Policy Group, Inc., is known as an economist with a personality, and alternatively, one with a sense of humor. Though the numbers and data are important, Basu and his team are highly skilled at translating economics into themes that audiences find compelling and understandable – regardless of the trade.

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Below you will find short video clips from the full presentation that highlight key topics such as: the current state of the economic recovery, the implications of post-pandemic behaviors on commercial real estate and small business, and predictions for the second half of 2021.

 

The U.S. Economic Recovery Pattern

Was it a "V," was it a "K"? What did the recuperation of the U.S. economy look like, and what are the implications for what's to come?

Evolutions in the U.S. Unemployment Rate

What progress has occurred in unemployment, where are we today and what nuances continue to impact the labor market?

Is a Financial Crisis on the Horizon?

Will deficit spending eventually wreak havoc and when?

Economic Recovery Trends on Commercial Real Estate

Lasting post-pandemic behaviors are creating challenges for the commercial real estate sector, but opportunities are present.

Demand, Supply and Small Business Reluctance

While current demand indicates opportunities for growth, lagging supply joins the list of reasons small businesses are holding out.

Predictions for Second Half of 2021

What factors will present optimism or challenges for ongoing economic growth?

 


Many questions were submitted throughout the webinar presentation. This section includes questions and answers to the most commonly asked questions and related themes.

Questions on General Economy

Questions on Deficit Spending and Inflation

Questions on Small Business

Questions on the Workforce

Questions on Specific Industries


For full citations and sources, please view the full webinar presentation. This content was recorded on July 12, 2021. The thoughts and information provided regarding the 2021 Economic Outlook topic are those of Anirban Basu, Chairman & CEO of Sage Policy Group, Inc., and is not advice from your bank.

IMPORTANT NOTE WHEN CLICKING THROUGH TO EXTERNAL WEBSITES: When clicking on links within the video, you will be linking to another website not owned or operated by Illinois Bank & Trust. Illinois Bank & Trust is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. We encourage you to review their privacy and security policies which may differ from Illinois Bank & Trust. Click to go back to video.

 

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