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Economic Outlook for the End of 2023 and Beyond
10/23/2023
Economic Outlook for the End of 2023 and Beyond
In this Insight with Insiders podcast, TRICOM President / CEO Julie Ann Bittner is joined by Jason Turner, Chief Investment Strategist for Great Lakes Advisors. In this role, Jason authors market and economic commentary, regularly presents in the media and to professional conferences, and works with client portfolio managers to support institutional and private clients. He is also responsible for portfolio strategy, asset allocation, and oversees the firm’s manager due diligence and selection efforts. Jason’s insights have historically been highly accurate, and in this podcast, he shares his thoughts into the current and future state of the economy. 2023 has been a year of unexpectedly strong growth in the overall economy, with unemployment around 3.8 percent and consumer spending remaining solid. However, the Staffing industry has slowed, seeing a 15 – 20 percent decrease year-over-year. What does this mean for the rest of 2023 and 2024? Will general economic growth continue? Will Staffing rebound, and if so, what industries hold the most growth potential? Will the Federal Reserve continue its focus on rate increases? Are we in for a soft landing or a more serious, lengthy recession? Jason addresses these issues, and more, and shares the economic indicators that support his predictions. He also speaks to how outside factors such as political turmoil, labor strikes, global unrest can impact economic markets and shares the positive economic news that often goes unreported in the media. Additionally, Jason gives specific advice to staffing company owners in these uncertain economic times. You don’t want to miss this podcast filled with thoughtful, relevant economic analysis that will impact the months and year to come.
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