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Prevedere

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TRACKING CONSUMER BEHAVIOR TRENDS IN 2024

The most anticipated recession in history may never occur. Despite facing a
pessimistic outlook for over a year, the economy has proven resilient, and a
soft landing seems to be in sight.

Yet, while it is becoming a real possibility that the U.S. Economy averts a
technical recession this year and sees economic growth throughout 2024, that
doesn’t mean there won’t be a bump in the road toward the end of 2023. Consumers
will likely experience a short pullback in spending during the fourth quarter,
followed by a rebound that will begin in the first half of next year.

As business leaders and FP&A teams build their forecasts and plans for next
year, it is imperative to consider the evolving economic landscape, which may
become more challenging before they improve, particularly around consumer
spending.

Download this report to learn how consumers will most likely alter their
spending habits in the end of 2023 and 2024 and the best approaches for building
forecasts and business plans to maximize revenue despite these emerging
challenging conditions.

***

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

Welcome back, Juan Mejia

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 * Products
   * Prevedere Platform
   * Prevedere Global Intelligence Cloud
   * Prevedere Discover
   * Prevedere Predict
   * Prevedere Scenario
   * Prevedere Protect

 * Resources
   * Blog Posts
   * Podcast
   * Webinars
   * White Papers & Reports
   * Expert Insights

 * Industries
   * Consumer Goods
   * Retail
   * Manufacturing
   * Insurance
   * Logistics
   * Private Equity
   * Automotive
   * Travel and Hospitality
   * Technology

 * About
   * Partners
   * Leadership
   * News
   * Careers

 * Use Cases
   * Financial Planning & Analysis
   * Category & Brand Management
   * Sales Planning & Forecasting
   * Demand Planning & Forecasting
   * Data Science & Analytics
   * Commodity Pricing

Contact

580 North Fourth Street, Suite 240
Columbus, Ohio 43215

440 N Wolfe Rd.
Sunnyvale, California 94085

888-686-7746

inquiries@prevedere.com
support@prevedere.com

© 2023 Prevedere, Inc. All Rights Reserved.

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