Sentiment and Economic Challenges, Looking Ahead

March 2024 Economic Outlook Report

Report: March Economic Outlook – Sentiment and Economic Challenges, Looking Ahead

In the March U.S. Economic Outlook report, Natalie Gallagher, Principal Economist at Prevedere, explores evolving trends in consumer sentiment as households continue to navigate elevated inflation, a softening labor market, and rising debt levels. 

Highlights from her analysis include:

  • Consumer sentiment is improving but remains well below pre-COVID levels
  • Although inflation has fallen significantly since 2022, a weakening labor market, increased borrowing costs, and rising delinquency rates are likely contributing to subdued sentiment
  • Employment and income trends will be critical in determining how consumer spending withstands headwinds from these factors throughout the year

Download the complimentary 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.

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