The uncertain business of economic forecasting

It’s early in the year still, but as was the case last year, economic forecasts continue to be upended. The latest example just recently when a national jobs report came in stronger than expected and dampened prospects for interest rate cuts. Today we’ll check in with one of our resident economists to get his take. Mike Switzer interviews Frank Hefner, director of the Office of Economic Analysis and a professor of economics at the College of Charleston.