The State of the Economy for October 2023

C-Suite Perspectives

English - October 31, 2023 19:13 - 17 minutes - 23.4 MB - ★★★★★ - 18 ratings
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Today's research from The Conference Board shows US consumer confidence declined moderately in October—a trend C-Suite executives will want to watch. Consumers are particularly concerned about rising food and energy costs.

In this episode of CEO Perspectives, Dana Peterson, Chief Economist, joins Erik Lundh, Principal Economist, both of The Conference Board, to discuss newly released data on consumer confidence in the US.

Tune in to find out:

· What is the main message the C-Suite should take away from today’s US Consumer Confidence Index?

· What caused the movement in the overall confidence index?

· What is The Conference Board’s forecast for the US economy, and does it match consumers’ expectations?

· How will rising consumer debt affect the financial sector?

For more Trusted Insights for What’s Ahead:

· The Consumer Confidence Index for October 2023

· Q3 GDP expands by an unsustainable 4.9 percent