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 CEO 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: 

· Read: The Consumer Confidence Index for November 2023