RecoveryWatch: October Executive Summary
In this executive summary, Prevedere’s economist team presents an expert analysis of the key leading economic indicators that are most reliable in forecasting economic growth. Also offered is an outlook for recession and the recovery of the United States economy. Top economists conducted this analysis on October 18, 2022.
Despite a likely positive GDP reading for Q3 of 2022, the leading indicators point towards an economic contraction at the end of 2022 and early 2023. The report explores optimistic, baseline, and pessimistic scenarios facing the U.S. economy.
This report includes the following scenarios:
- Optimistic: Economic stagflation and high prices
- Baseline: Mild recession and increased inflationary impacts
- Pessimistic: Strong recession in 2023 and rising debt
Download the report to learn more.
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