In the December U.S. Economic Outlook, Danielle Marceau, Principal Economist and Director of Analytics at Prevedere, shares her perspective on current market dynamics and the potential normalization of the labor market.
The labor market, wage growth, and consumer spending are all showing signs of slowing. This report analyzes three pivotal trends influencing the cooling of the economy:
1. The balance between supply and demand in the labor market. 2. Potential pressures affecting consumer spending. 3. The trajectory of inflation and whether it’s showing signs of decreasing.
Plus, it answers the critical question: How will these factors shape the economic forecast for 2024?
Read 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.