Prevedere is an external insights and predictive analytics platform - easy to adopt, affordable to implement, powering your macroeconomic analysis and planning
Exciting news! 🎉
Prevedere has joined the Board family, bringing over 5M data points and AI into our planning platform. This integration offers a 360° view of data for next-level predictive planning.
Discover more ➡ https://t.co/fRk65gTSkO
#Prevedere#Board#Announcement
This month's edition includes:
💡Economic Updates & Key Takeaways
📉Leading Indicator Spotlight: Fed Funds Rate
👩💼Predictions: Unemployment Rate
📝Summary of Sept Q&A
Visit us today to book a demo & learn more about how economic factors can influence your business performance.
A 50bps cut brings the Fed Funds Rate to 5%.
The slowdown in job gains and a moderation of inflationary pressure mark the start of the first rate cut cycle in four years.
Visit us today to learn more about the impact of interest rates on your business.
#TheFed#Economics
Feeling B-A-N-A-N-A-S about unexplainability in your forecasting process? Join Prevedere in the #WDAYRising Ventures Theater before @gwenstefani performance to learn how your planning team can benefit from AI-powered, #econometric modeling. Search for session VTS2394 to register.
AI, global data and a seamless @Workday Adaptive Planning integration collide in Prevedere's advanced predictive planning platform.
Register for our #WDAYRising session Interpreting Macroeconomic Insights with #AI to Plan for the Future [VTS2394] on Wednesday 9/18 at 12:30pm.
All signs point Fed Rate cuts beginning in September.
Get in touch with us today at https://t.co/iziBXXv8YY to learn more about our interest rate forecast and what it could mean for your business.
#InterestRates#Economy
Using @Workday Adaptive Insights and struggling to determine what external data to incorporate in your forecasts? We can help!
Connect with the Prevedere team at #WDAYRising in Vegas through the event app to learn more about macroeconomic data-driven and AI-powered modeling.
Heading to #WDAYRising this year? Join us in the Ventures Theater on Wednesday, September 18th at 12:30pm PDT for a session on interpreting #macroeconomic insights with #AI to plan for the future.
Initial claims fell by 7k for the week of 8/10 to 227k, driven largely by decreases in MI (-7430) & TX (-5180).
Visit https://t.co/vk3oallCEI to learn more about how labor market fluctuations and other economic factors can affect your business.
#FederalReserve#Employment
Core CPI July'24: +3.2% vs LY and continues downward trajectory toward the Fed's 2% target.
Shelter costs (+5.1% vs LY) and increases in services remain primary drivers of inflation.
Visit us today to learn more about our #inflation outlook and what it means for your business.
Consumer spending drives ~70% of economic activity. Understanding consumer habits & financial plans plays a key role in forecasting.
Explore 50k+ sentiment datasets and millions of economic indicators and see how Prevedere Discover can deliver actionable insights.
#Economics
Navigating a volatile economic landscape is tough.
You don't have to do it alone.
Prevedere can help identify critical insights & relationships between your business and the world around you.
Visit us today to take your forecasting to the next level. #InterestRates#Economy
Initial unemployment claims came in slightly lower than expectations at 233k - down 17k from the previous week.
Visit us at https://t.co/ntdgIUHNee to learn more about how labor market fluctuations and other economic factors can affect your business.
#FederalReserve#Employment
Predictive #AI allows manufacturers to increase efficiency, productivity & profitability through more accurate forecasting. Layering external data onto internal forecasts allows leaders to create what-if analysis to effectively adapt in multiple scenarios.
https://t.co/zA7THuAPj1
#Retailers can cut forecast misses, better foresee market shifts, and increase their competitive edge in 2024 by using econometric #AI predictive models to validate forecasts with external data. Read how:
https://t.co/WWkbuVT0Uh
One benefit of using macroeconomic-based predictive #AI is its ability to conduct credit risk assessments to enhance scenario planning efforts as consumer behavior shifts. Find more benefits here:
https://t.co/27ymIn2nfA
Consumer spending is showing signs of slowing, but that’s not all bad news for businesses. A slowdown may be the push the Fed needs to begin lowering rates later in 2024.
Our December economic outlook has more insights:
https://t.co/n53xzC3Xv1
Real-time consumer economic insights are necessary to plan & forecast for success in an increasingly competitive business landscape. How? Hear from @Whataburger on ways it finds value in leveraging predictive AI modeling to augment forecasting processes:
https://t.co/gZ2nmsMbDo
Changing market trends, new technologies, & shifting social and legal environments all bring uncertainty into forecasting. Leaders who anticipate & adapt to these factors can present opportunities for their organization to mitigate risks and seize growth.
https://t.co/mfrQtmGVQY