U.S. Economic Update: Latest Outlook
COVID-19 Effect on Small Businesses
Examination and findings on economic leading indicators
Welcome to the Economic Outlook Series
In our latest economic update, Danielle Marceau, Prevedere Senior Economist, discusses the impact COVID-19 has had on small businesses and potentially will have in the future.
In this update, Danielle highlights how the third wave of COVID-19 is impacting economic recovery in the U.S. She also drills down into the data to uncover what is driving lackluster trends in the labor market. From business closures to commercial bankruptcies, Danielle explains challenges ahead for small businesses. She also highlights some good news–entrepreneurial spirit is alive and well.
The data is clearly saying that the negative impact from the health pandemic has shifted from a temporary shock to one with lasting economic ramifications. Access now for the latest data and analysis on the lasting implications for small businesses as the recession ripples through the economy.
About Danielle Marceau
Ms. Marceau is a Senior Economist for Prevedere, a predictive analytics company that helps provides business leaders a real-time insight into their company’s future performance. Prior to her role at Prevedere, Danielle was a Senior Economist at ITR Economics. Danielle’s commentary and expertise have been featured in NPR, MarketWatch, and other publications. Danielle has a Masters’ of Science in Applied 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.