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Summary
2023 started with encouraging economic growth, notably in consumer-focused services including travel, and tourism, however, recent Purchasing Managers Index® (PMI) data indicates that this tailwind is fading. The elevated cost of living and high interest rates are taking a toll, dampening the economies of Europe and, to a lesser extent, the US. Our economists will explore the business impacts on economies and sectors over the short term, as well as the macroeconomic outlook for a recession, inflation, and implications for central bank policy in the long term. With geopolitical tensions heightening, energy transition concerns, and emerging technological trends also impacting supply chains, our economists use industry data to illustrate what is driving growth across countries and industries to help you prepare for today, and tomorrow.
Join this webinar to:
- Get insight into what the PMI data is telling us about the impact of changing business conditions and challenges in economies across the world in terms of growth, inflation, and how conditions are diverging by sector
- Understand the macroeconomic forecast for a recession in Western Europe and the outlook for other regions
- Discover inflation forecasts and implications for central bank policy
- Find out how financial conditions will change and will the economic outlook brighten again
- Learn what industry data is driving growth across countries and industries, helping strategic planners formalize resource allocation and performance benchmarking goals for 2024
Speaker
S&P Global Market Intelligence
Chris Williamson
S&P Global Market Intelligence
Chief Business Economist
Chris is a well-known economic commentator and is regularly quoted in international business print and broadcast press, and frequently speaks at conferences on global economic issues. He also sits on several economic advisory panels.
S&P Global Market Intelligence
Ken Wattret
S&P Global Market Intelligence
Vice-President, Global Economics
Ken Wattret is the Global Economist within the Analysis and Insights team at S&P Global Market Intelligence.
Ken Wattret is the Global Economist within the Analysis and Insights team at S&P Global Market Intelligence.
Ken oversees global economic forecasting and analysis and supports a broad spectrum of corporate and financial clients. Ken has worked as an economist in the financial sector since the early 1990s including for HSBC and BNP Paribas where he was the head of market economics for the euro area. Prior to joining IHS Markit (now part of S&P Global) as Chief European Economist in 2018, Ken was a Managing Director of Global Macro at TS Lombard, an independent research provider. He is a well-known commentator in financial media.
Ken received his honors degree in economics from the University of Sheffield and holds post-graduate qualifications in finance.
Michael Ryan
Economics Director, Industry Insights
Michael Ryan is an economics director on the industry insights team specializing in applied industry analytics.
Michael Ryan is an economics director on the industry insights team specializing in applied industry analytics. Mike partners with a wide range of leaders in business, finance, and government to strategically analyze industry investment opportunities through the application of advanced analytics. He has extensive experience helping businesses scale their market intelligence, forecasting, and performance benchmarking capabilities. Mike manages the company's Sector Risk service, used by financial clients as an 'early warning radar' to monitor and mitigate credit risk exposure. He is a recognized thought leader and prolific public speaker at international industry events. Prior to joining S&P through a merger with S&P Global, he started his career with PricewaterhouseCoopers Advisory, supporting Federal stabilization programs at the onset of the 2008 financial crisis. Mr. Ryan holds a BBA in Finance from James Madison University, United States, and he received his Master of Science with Distinction in banking and international finance from the University of London's Bayes Business School, United Kingdom. He is a Japanese Kakehashi scholar and served as the 2018 president of the National Economists Club (NEC), representing over 500 leading professionals in the Washington, D.C. metro area. He is currently based in Scottsdale, Arizona, USA.
Moderator
S&P Global Market Intelligence
Naomi Levy
S&P Global Market Intelligence
Senior Product Manager, Economic Indicators and Forecasts
Naomi has been with S&P Global (then Global Insight) since 2008. She is the Product Owner for Global and US Economic offerings within the Economic Indicators & Forecasts business unit working to develop products that deliver insights to a broad range of customers.
Naomi has been with S&P Global (then Global Insight) since 2008. She is the Product Owner for Global and US Economic offerings within the Economic Indicators & Forecasts business unit working to develop products that deliver insights to a broad range of customers. Naomi graduated from NYU with B.A. in Economics.
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