Economic Insight: Accurately Prepare for Tomorrow

May 10, 2022Duration: 01:03:00

Key segments of the US and global economy are experiencing a decelerating rate of rise while others are accelerating. In this session presented at the 2022 MHEDA annual convention, Brian Beaulieu assessed the input from proven leading indicators to determine the opportunities and risks for the remainder of 2022 and for 2023 in pertinent segments of the economy. Labor, supply chain, and prices are top of mind for today’s business leader, and we will explore current and future trends and discuss what decision makers must consider in the face of these crucial factors. A clear understanding of inflation and interest rate trends is key to preparing for the coming years. Knowing what to plan for will place your company well ahead of the competition while increasing profit potential.

Key Takeaways:

  • Assess business demand for the rest of 2022 and through 2023.
  • Look at ITR’s key leading indicators and what they foretell about your markets.
  • Present relevant market outlooks and discuss issues that have an impact on your profitability via resource allocation, budgets, expectations, and strategic planning.
  • Deliberate on the potential impact of the midterm elections later in the year.
  • Determine potential unintended consequences of massive government spending.
  • Assess the health of financial market trends and their impact, if any, on the forecasts.
  • Illustrate what inflation pressures and financial market trends likely mean for interest rates through 2023. 

About the Speaker

Brian Beaulieu has been an economist with ITR Economics since 1982 and its CEO since 1987. At ITR, Brian has driven applied research with regard to business-cycle trend analysis and implemented that research at the practical, company level. For the past 35 years, he has been leading workshops and seminars across the US and Canada for thousands of business owners and executives. Prior to joining ITR Economics, Brian served as an economist for the US Department of Labor, where he worked on the health-care component of the Consumer Price Index. Brian has coauthored, with Alan Beaulieu, the books “Prosperity in the Age of Decline,” “Make Your Move,” and, for children, “But I Want It!”