U.S. Economic Update: Latest Outlook
Impact on Small Businesses and Long-Term Economic Recovery
Examination and findings on economic leading indicators
Welcome to the Economic Outlook Series
As we’re facing many new and escalating challenges on the global economic front, particularly from COVID-19, it is essential first to recognize the impact that this health crisis is having on lives around the world.
In our latest economic update report, Danielle Marceau, Prevedere Senior Economist, discusses the impact COVID-19 has had on small businesses and how it, in turn, affects economic recovery in the U.S.
In this report, Danielle highlights the current U.S. economic situation and how COVID-19 continues to hinder recovery. She also drills down into the data, including business closures and commercial bankruptcies, to discover what is driving lackluster labor market trends. While more challenges await small businesses, there is some good news–entrepreneurial spirit is alive and well.
The data clearly shows that the health pandemic’s negative impact has shifted from a temporary shock to one with lasting economic ramifications. Access now for the latest 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.