In the August U.S. Economic Outlook, Danielle Marceau, Principal Economist and Director of Analytics at Prevedere, provides an overview of the current state of the economy and the revised GDP scenarios.
Danielle discusses the possibility of a “rolling recession” rather than two formal quarters of GDP contraction. Additionally, she dives into the optimistic, baseline, and pessimistic scenarios the U.S. economy could face in 2H 2023 and the beginning of 2024.
The on-demand webinar expounds on the following:
Steady consumer spending through June (inflation-adjusted)
Continued unmatched supply and demand in the housing market
Contracting manufacturing activity that may be reaching an inflection point
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.