Despite a positive GDP in Q3, it is unlikely we have overcome the lowest point of the current economic cycle. The positive GDP can be attributed to a few circumstantial factors that may not persist, coupled with inflationary pressures and interest rate hikes.
With a potential recession coming in early 2023, executives need to plan for a down market. Yet, leaders must be aware that even in a down market there are sectors of the economy that could be growth opportunities.
The report details five industries that may be recession resistant in the upcoming economy:
Discount Retailers/Private Label Brands
Non-Discretionary Food at Home
High-End Luxury Goods
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.