Three Reasons for Optimism
Q3 2022 started with significant policy announcements and major data releases that are making the likely outcome of a recession almost all but guaranteed within the next year. Aggressive monetary policy shifts, rising inflation, and all-time low consumer confidence are just some of the reasons that the state of the economy is looking bleak in the second half of 2022 and early 2023.
BUT, our current outlook does not project the economy to be all doom and gloom. In fact, there
is reason to believe that the U.S. will only experience a “light recession,” that will limit the extent of GDP contraction.
In our July economic outlook report, Prevedere’s Michelle Green, Principal Economist, shared three economic indicators that are giving us reason for optimism despite the current challenging market.
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.