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USC’s Economic Forecast for Next 3 Quarters

Joey Von Nessen
Mike Switzer/SC Public Radio
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Joey Von Nessen

Stimulus money, vaccinations, and a virus in retreat are all pointing to a more robust economy in 2021. But fears of inflation and rising interest rates could dampen prospects later in the year.

Mike Switzer interviews Joey Von Nessen, chief economist at the Darla Moore School of Business at USC in Columbia, SC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.