Economic Snapshot Overview by Dr. Reid Cummings - September 2020
Greetings, and welcome to the September 2020 Mobile Bay Economic Snapshot.
2020 will be a year we may never forget, and it is far from over. The coronavirus and resulting COVID-19 pandemic, significant Federal Reserve policy changes and record low mortgage interest rates, devastating weather events across the country, remarkable stock market index swings, heightened social and civil awareness, and oh, let's not forget about an unusually contentious presidential election year, all have affected our lives in ways we likely never would have anticipated just a few months ago.
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