Economic Trends for 2023 and Beyond
Another great read for CEOs, Executives, and their teams.
Looking for information on this year’s economic trends? Worried about the direction of interest rates? Recession? Wage price spiral?
Today’s tip of the week comes from 16-year member and speaker, Marc Emmer. Marc is the President of Optimize Inc. 
In his article Economic Trends for 2023 and Beyond, Marc provides some clarity on the U.S. economy by breaking out the economic outlook projections for 2023 and beyond. As businesses are preparing their next year’s budgets, some of the questions CEOs are searching for include: “how long will we have high inflation, raw material shortages, and the wage-price spiral, how long will it persist?”
Reviewing the Fed’s projections on interest rates in his article, Marc provides a visual chart showing how the current hikes will impact the CPI. (August 2022 – July 2023). The Federal Reserve’s projections suggest the Consumer Price Index (CPI) should return to about 4% by spring, However, it is forecasted that higher interest rates will prevail for some time. With the U.S. having already experienced two declining quarters, he cautions businesses. “As companies plan for 2023 and beyond, they must be particularly thoughtful about when and where to push their chips to the middle of the table”
“As companies plan for 2023 and beyond, they must be particularly thoughtful about when and where to push their chips to the middle of the table”
A visual overview of The Conference Board- US Economic Outlook, as well as the Latest World Economic World Projection Outlooks, is provided in his article. Marc also lists for readers, the most significant world events shaping our economic future. He further breaks out key issues and offers a cautionary overview of each.
- How the Federal Reserve will manage stagflation and the wage spiral
- Not your grandfather’s yield curve. Inflation is distorting the yield curve
- Economic detente with China
- Asset class wars Crypto
- Industry updates
- Automotive
- Financial services
- Energy
- Health care
- Housing starts and construction
- Retail
- Technology
Quoting Marc, “ Perhaps our fear should be less about GDP decline and more about the persistence of stagflation”. Economic Trends for 2023 and Beyond
ABOUT DALE S. RICHARDS:
Dale S. Richards specializes in management, marketing, operation optimization & business valuation consulting and is a 30+ year turnaround expert. He has implemented success concepts into results in 150+ companies. Dale is a Certified Valuation Analyst (CVA) with NACVA, Eight-Year Vistage Chair & International Speaker.
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