Search
 

Economists Warn of "Stagflation-Light" as Inflation Persists and Growth Slows

It seems unlikely that the 1970s version will reappear, but the potential impact is still painful.

By Erik Sherman | March 27, 2025 at 05:09 AM

GlobeSt.com has reported multiple warnings about the possibility of stagflation, the specter of economic nightmare from the 1970s.

However, the term is being used differently today than 50 years ago. Technically, stagflation is, or was, a combination of rising inflation, high unemployment, and slow economic growth. These days, the concern has shifted away from high unemployment, leaving only stubborn inflation and slowing economic growth, what RSM chief economist Joe Brusuelas coined as “stagflation-light” — according to a report from Reuters.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.