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The Consumer Confidence Index bounced back in November after three straight monthly declines as consumers’ expectations – and spending – continue to improve. Still, predictions for slower economic growth and outright recession in 2024 abound. What does it all mean for the global economy?
In this episode of C-Suite Perspectives, Dana Peterson, the Chief Economist and Leader of the Economy, Strategy & Finance Center at The Conference Board, joins President and CEO Steve Odland to discuss the latest Consumer Confidence Index and what it portends for 2024.
Tune in to find out:
· What big change did we see in the latest Consumer Confidence Index?
· Consumer spending is up, but much of it is on credit. What does this portend for the economy?
· How much more can consumer spending expand?
· How will the global economy grow in 2024? Will we see a recession next year?
· What potential black or grey swans could we see in 2024?
For more Trusted Insights for What’s Ahead®:
C-Suite Perspectives is a series hosted by our President & CEO, Steve Odland. This weekly conversation takes an objective, data-driven look at a range of business topics aimed at executives. Listeners will come away with what The Conference Board does best: Trusted Insights for What’s Ahead®.
C-Suite Perspectives provides unique insights for C-Suite executives on timely topics that matter most to businesses as selected by The Conference Board. If you would like to suggest a guest for the podcast series, please email csuite.perspectives@conference-board.org. Note: As a non-profit organization under 501(c)(3) of the IRS Code, The Conference Board cannot promote or offer marketing opportunities to for-profit entities.
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