Quarterly Economic Outlook
As we’re facing many new and escalating challenges on the global economic front, particularly from the COVID-19 (coronavirus), it is essential first to recognize the impact that this health crisis is having on lives around the world.
An important topic that is looming in the background of recent headlines warrants deeper evaluation—stimulus debts and deficits. Many business leaders are wondering if monetary infusions will alleviate the pressure of recession sooner rather than later.
Does this have implications for the next few years as we’re planning out? Or does this essentially delay to a future point where some of these deficits may more significantly impact the economy?
In this report, Andrew Duguay, Prevedere’s Chief Economist, examines deficits to glean impact on the short- and long-term ramifications to the economy. He also provides perspective on if deficit spending will spur inflation.
Andrew Duguay – Chief Economist Prevedere, Inc.
Mr. Duguay is a Chief Economist for Prevedere, a predictive analytics company that helps provides business leaders a real-time insight into their company’s future performance. Prior to his role at Prevedere, Andrew was a Senior Economist at ITR Economics. Andrew’s commentary and expertise have been featured in NPR, Reuters, and other publications. Andrew has an MBA and a degree in Economics. He has received a Certificate in Professional Forecasting from the Institute for Business Forecasting and Certificates in Economic Measurement, Applied Econometrics, and Time-Series Analysis and Forecasting from the National Association for Business Economics.
About Prevedere, Inc.
Prevedere is a predictive analytics software company that delivers insights into future business outcomes based on current economic trends. Our predictive economic intelligence helps executives see what lies ahead for their business and solve for upcoming risks and opportunities. Our SaaS solutions apply the power of machine learning and predictive modeling to more than 2.5 million indicators of global economic and consumer activity. Prevedere customers include Fortune 500 industry leaders in retail, manufacturing, and consumer packaged goods. To learn more, visit www.prevedere.comand follow @Prevedere on Twitter.