July 2024 Economic Outlook: Beyond GDP – Decoding Economic Realities
Natalie Gallagher, Principal Economist at Prevedere, continues to observe the economy outperforming expectations. Natalie discusses why she is keeping a close watch on the performance and relationship between Gross Domestic Product and Gross Domestic Income and how Prevedere is interpreting this data to guide your organization’s strategies – especially in approaching consumer segment planning and analytics.
Highlights from her analysis include:
- Deep dive into the importance of the relationship between Gross Domestic Product and Gross Domestic Income and the recent unique divergence – which is over 2008 levels.
- Implications for business leaders and analysts, especially the need to deliver a granular analytics and planning approach for their customer segments.
Access the July report and feel free to contact us if you have questions for Natalie or would like us to demonstrate how your business can access and exploit macroeconomic data for driving external analytics and predictive planning – quickly, easily and affordably with Prevedere.
***
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.