New Webinar: Disparate Opportunities Post COVID-19
STAFDA's economists look at recovery trend probabilities on April 24.
By Brian Beaulieu, CEO, ITR Economics
"While most of the news is focused on the recent past via economic data, we think it is incumbent upon leaders to look at the economic future via the latest trends in the COVID-19 pandemic, coupled with the leading indicators, and an understanding of the recovery trend probabilities for different economies and different markets within an economy."
"Although the magnitude is different, this is not the first time we have seen fear disrupt an economic trend. Nor is it the first time an economy has gone into a deep dive. There have not been that many truly black swan events in post-WWII history, but we can cobble enough data together to discern how the current case is different, and how it is similar, to prior experience. We are taking observations and analysis – from as recently as 2009 in looking at the efficacy of the stimulus programs following the Great Recession – to sculpt a view of how differing parts of the economy are likely to respond this time."
"When we pull all these pieces together, we can get a reasonable idea of which economies will recover more quickly than others and how long it will take until a complete recovery is in hand. The same analysis can be performed within an economy. For the April 24 webinar, we will take a look at the sectors of the US economy with an eye toward breaking them down into a) how soon, b) how weak/strong, and c) when we will achieve a complete recovery and pre-recession levels of activity."
"The daily deluge of economic news concerning the recent past is ominous and depressing. We think businesses should be looking ahead to what is likely in the years ahead. That’s where we come in. Come join us for the April 24, 2020 webinar."
About the Webinar
Within the US, we expect that some sectors will make a complete recovery in 2021, others will have the completeness accomplished in 2022, and some will wait for beyond 2023. The same is true of the world’s economies. They will likely take differing paths in the recovery years ahead, with different timelines, rates of rise, and opportunities.
Some sectors of the US economy, and the global economy, will recover in 2021. This means that activity will reach pre-recession levels (typically set in 2019). Others will not complete the recovery until 2022. Still others won’t see the recovery from the dual black swans until 2023 or beyond. Knowing which markets fall into which recovery designations will help businesses focus scarce resources where they will do the most good and understand their own recovery prospects and tactics.
What will attendees receive?
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Attendees will receive an update on the economic progress toward recovery in various industries and economies
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Those that attend will be able to set realistic expectations for how fast, or how slow, a particular economy will recovery
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If you attend, you will leave with an understanding of where and why the rate of recovery in the post-COVID-19 US economy will vary, and by how much
Values provided
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Objective analysis of the recovery probabilities for a broad spectrum of industries
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A numbers-driven method for understanding that different economies will recover along different timelines
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The probable timeline for the recovery to begin and become complete, which will provide a basis for more effective demand and financial planning
About ITR Economics
Established in 1948, ITR Economics has earned its reputation for being First in Forecasts Worldwide. Our unique forecasting methodology sets us apart from the rest of the industry, empowering us to achieve our unmatched accuracy rating of 94.7%, four quarters into the future.
Rather than just relying on algorithms to provide straight-line projections, ITR Economics developed a Long-Term Business-Cycle Theory known to no other forecasting firm in the world. It is this theory that puts ITR Economics at the forefront of the industry.
We are a team of business economists. We understand that companies operate in a changing world and make daily decisions to improve their standing in the marketplace. Our process allows us to account for internal events as well as the external forces that impact profitability.
Our mission is simple: We provide the best economic intelligence to reduce risk and drive practical and profitable business decisions.
Learn more at www.itreconomics.com and sign up for the webinar at https://itrondemand.com/store/product/disparate-opportunities-post-covid19
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