Discover key webinar insights on consumers, tariffs, wages, and growth to help business leaders plan, budget, thrive amid uncertainty in the economy.
Business leaders today are bombarded with noise about shifting fiscal policies, tariff headlines, and debate about the state of the economy. Our latest Executive Series Webinar, “Contending With Uncertainty and Change,” provides an accurate, unbiased look at the world around us, cutting through the chaos and focusing on the forces that truly matter for long-term success.
To give you a preview of the full presentation, we have collected some of the highlights below. These takeaways capture just a fraction of a webinar that can help business leaders plan, budget, and thrive even as inflation, labor costs, and global trade reshape the business landscape. For executives seeking clarity and strategy, these quotes — and the full presentation behind them — are essential.
“It’s about the US consumer. If the consumer’s out there consuming, we can work through the rest of it.”
Despite volatility in headlines and some consumer complaints, spending among US consumers has remained resilient. We have yet to see a pullback in Retail Sales.
Make sure you do not get paralyzed by the noise. Get clear insights into US Retail Sales data and other key indicators to ensure that your business plans are rooted in accurate data rather than the emotions of the marketplace.
“It used to be… if the automobile sector wasn't doing well, the whole economy wasn't doing well, right? We're not that economy anymore. So, the old paradigm cannot hold true when you're trying to figure out where today's modern economy is really going.”
The US economy today is far more diversified than in years past. Old paradigms no longer apply. Business leaders who continue to rely on historical patterns risk misreading the current environment and making poor decisions.
Business leaders need to identify and align with the sectors that reflect the modern drivers of economic growth. Executives should look at sectors that are shaping future resilience, as success comes from recognizing these shifts and positioning your business where the momentum is strongest. ITR Economics can help you find these optimal areas of growth and resilience, so you are not stuck in the past.
“You cannot stop making decisions because of the rearview mirror showing so much chaos.”
From pandemic disruptions to inflationary swings, the 2020s have been filled with uncertainty since the start of the decade. For business leaders, it is key to recognize that yesterday's chaos does not define tomorrow’s opportunities. Do not let the rearview mirror dictate your strategy. Discover how ITR Economics can help you invest, hire, and expand in the face of uncertainty, so you are best positioned for whatever comes next.
“You can’t breathe the sigh of relief [on tariffs] right now and say we’re worried about nothing.”
While tariffs have long been featured in the news cycle, the pricing effects of recent tariffs have yet to be fully realized. We are starting to see some of this impact on a microeconomic basis, but depending on the sector, tariff-driven inflation pressures will take between 9 and 18 months to influence pricing levels. Business must prepare for tariffs as a longer-term cost structure, not as a temporary disruption.
“Keep budgeting for those higher wage increases, because at the end of the day, it still will be cheaper to retain talent than it will be to find new talent.”
Wage increases are putting even more pressure on the labor market. Insights into employee wages, labor availability, and other key labor market trends can help business leaders strategize to protect margins, reduce turnover costs, and stay competitive in such a tight labor market. Our team tracks these dynamics to arm leaders with clear, actionable guidance.
The decisions you make today will shape your company’s resilience and profitability for years to come. While these highlights show the depth of our economic insight, the full webinar offers a comprehensive analysis with the forward-looking guidance you need to cut through the uncertainty and act with confidence.
Do not risk falling behind while others prepare for the challenges and opportunities ahead. Gain access to the webinar recording to equip yourself with the actionable strategies designed to help you thrive in today’s economy and prepare for the challenges ahead in the 2030s.
As your company works through the budget planning process for 2024, proper use of the business cycle will help you lead your team on the path to...
Understanding the economic factors influencing your business’s trajectory is key in this cycle. Learn about the strengths and weaknesses of the US...
Is your business struggling to hit its marks this year? Here are 4 ways ITR Economics can help your company reach its goals for 2023 and beyond.