3 Pillars of Consumer Spending and the Recession

U.S. Economic Outlook Report: May 2023

In the May U.S. Economic Outlook report, Principal Economist and Director of Analytics, Danielle Marceau, dives into the impact of consumer spending on the U.S. economy.

Why does consumer spending matter? As the driving force behind two-thirds of all economic activity, a deeper analysis of consumer spending trends provides valuable insights into U.S. economic health and trajectory.

This report examines the three pillars of consumer behavior, providing a comprehensive understanding of how each impacts economic activity to come including:

The report includes the following:

  • Consumer employment
  • Consumer confidence
  • Consumer income

Download the 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.

Access Now