2024 Outlook: Tips for Successful Forecasting and Planning
The U.S. economy may get worse before it gets better in 2024. The on-demand webinar, 2024 Outlook: Tips for Successful Forecasting and Planning, dives into the economic outlook of 2024 and key trends to monitor for successful planning.
Industries are asynchronously experiencing headwinds, which could result in rolling recessions. Interest rates are impacting corporate debt and consumer spending alike. With these shifting external factors, scenario planning is essential for navigating the economic environment in 2024.
Companies can not prepare for this season linearly – instead, plan for a recession, a soft landing, or anything in between.
The webinar dives into five key trends to consider:
Planning around inflation: considering supply side and energy prices impact on global commodity demand
Consumer behavior shifts: external headwinds decreasing consumer spend from depleted savings, higher levels of borrowing, and resumed student loan repayments
Fed’s activities to fight inflation: likelihood of a rate hike and anticipated rate lowering pace
Corporate debt: higher cost of borrowing coupled with tighter lending standards
Rolling recessions: other industries’ economic low points may influence your industry asynchronously
Watch the on-demand webinar to learn more.
About Prevedere, Inc.
Prevedere is the world’s leading provider of predictive analytics technology and solutions based on econometric modeling, enabling intelligent enterprises to understand and quantify the impact of external factors as part of their strategic planning and forecasting. Our global data repository and patented AI platform enable financial executives and operational planners to identify market drivers, quantify the future impact of economic volatility, generate performance forecasts, and optimize plans based on market foresight.
Prevedere’s automated AI model monitoring provides an early warning system when unplanned market shifts and anomalies are predicted, enabling planners to future proof business performance. Many of the world’s leading consumer packaged goods, retail, logistics, and manufacturing companies leverage Prevedere to generate economic intelligence, spot market opportunities, mitigate risks, and deliver exclusive competitive advantage.