Despite facing a highly anticipated recession, the U.S. economy has displayed resilience thus far. While there hasn’t been a substantial contraction in GDP, consumer spending has noticeably decelerated, corresponding with the holiday season, which poses potential challenges to retailers.
This special report guides retailers looking to mitigate risk and maximize opportunities this 2023 holiday season. The report explores five questions retailers should consider when planning and adjusting their strategic plans.
Read the report to learn more about:
- Likelihood of consumer spending strengthening or weakening in Q4 and early 2024
- Demographics of consumers that will fair the worst in Q4
- Segments of the industry that could see growth
- The role of promotions this holiday season
- Ways to incorporate these economic findings into existing plans
Download the report 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.