Prevedere Downgrades baseline forecast as headwinds outweigh tailwinds
Prevedere’s latest U.S. economic outlook looks at how last month’s major announcements and data releases have impacted the recession outlook.
In this discussion, Michelle Green, Prevedere’s Principal Economist, examines labor market activity, inflationary pressures, and consumer sentiment. Can the Fed orchestrate a soft landing? How much will inflation impact consumer spending? Find out in our Economic Outlook for July.
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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.