2023 Recession likely, but not certain

U.S. Economic Outlook: December 2022

We started the year with the expectation that 2022 would be the year of ‘normalization,’ but things are not yet back to normal. Although we have seen some of the pandemic noise dissipate, today’s risks are mostly the same as those we faced at the start of the year. 

In the December Economic Update, Prevedere’s Principal Economist, Michelle Green, uncovers the state of the U.S. economy. While a recession is likely in 2023, the report reviews the importance of scenario planning to protect against any economic situation. 

The report includes:

  • The likelihood of a potential recession in 2023
  • Consumer spending and household finances
  • Predictive planning to shield against economic volatility 

Download the complimentary report to learn more.

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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.

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