Welcome to the Economic Outlook Series
In our first economic update of the new year, Andrew Duguay, Prevedere Chief Economist, presents the State of the U.S. Economy: 2021 Outlook.
As the nation still wrestles with the COVID-19 pandemic and recession, the U.S. will continue to face economic challenges. In addition to his base case forecast and upside forecast, Andrew identifies risks and opportunities businesses should be considering in this discussion.
The U.S. economy will likely experience net recovery and economic growth, but elevated risk remains, impacting companies differently. There is no doubt that recovery will continue to vary across industries. The key to getting a handle on the pandemic’s continued effects specific to an organization is through injecting the right data into multiple scenario plans.
Key takeaways include:
- 2020 economist reflections
- 2021 base case and upside forecasts
- 2021 opportunities: consumer cash, wages, disrupted markets
- 2021 caution: risks, industries at risk, indicators to watch
This is a can’t miss discussion that provides expertise from an econometric perspective that offers a roadmap to deal with what’s to come in 2021.
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.