U.S. Economic Update: Latest Outlook

Consumer Spending and Recession Recovery

Examination and findings on economic leading indicators

Welcome to the Economic Outlook Series

In our latest economic update, Andrew Duguay, Prevedere Chief Economist, provides an update on COVID-19 and its impact on U.S. economic recovery. He also discusses the U.S. retail landscape and some 2021 planning recommendations.

It’s the busiest shopping season of the year, and while reported total retail sales remain strong, it may not fully measure the pandemic’s impact on consumers. In his update, Andrew highlights the BEA’s Total Personal Consumption Expenditures data that tells a different story and may provide more perspective to where the economy stands. He breaks it down further to identify the COVID effect on goods and services specifically.

Additionally, Andrew shares the advice we give our customers when it comes to data and planning for 2021.

Access now for all the latest economic developments in the recession recovery process and expert advice to fuel your plans for next year.


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.

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