Complete Story
10/14/2024
038. Economic Update – What to Expect in 2025 and Beyond (morning)
Instructor: Alex Chausovsky
Level of Complexity: Intermediate/Advanced
9:00 AM - 10:00 AM
The US macro economy is traversing the back side of the business cycle while several industrial sectors are going through a mild recession. Aggressive interest rate policy decisions by the Fed mostly stamped out inflation, but they also stifled capital investment and borrowing costs. Now the Fed is looking to rate cuts to prevent the economy from tipping into contraction.
A visibly slowing labor market is just one of the visible cracks in the armor of consumers, with delinquency rates for credit cards and auto loans also flashing warning signs. However, leading indicators continue to support the narrative of a soft landing for the US economy.
What does all this mean for your business? This presentation will deliver practical and actionable advice designed to help business leaders plan for future economic conditions and continuously improve their organization’s strategic planning initiatives.
Learning Objectives:
- Time-sensitive economic events of concern such as inflation, interest rates, labor market conditions, consumer spending, business investment and industrial activity.
- Concrete advice on how to navigate the current macroeconomic climate and plan for the future.
- Tools that company leadership can use to become better data-driven decision makers in running their businesses.
Bookstore
The Credit Overlord's Guide to Credit & Collections
Thea Dudley
Being responsible for the credit and collections function in the construction industry is never any little kid's dream. But somebody's got to do it.
In The Credit Overlord's Guide to Credit & Collections, Thea Dudley presents an honest, open, and often hilarious account of her journey through opening contractors with credit lines, collecting, or chasing the payments, managing sales reps, teams and bosses.
Dudley shares her insights into succeeding in keeping your business cash flow moving while still salvaging the customer. She offers practical advice for protecting and collecting your money — written in plain, straightforward language that helps connects the dots. This is a must-read guide for anyone in the construction and building material industry.
