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Look to the Future with ITR Economics

We’re living in such unprecedented times that a clearer idea about what lies ahead in the coming months is always welcome. We’re therefore excited to offer NACD members discounted access to ITR Economics’ monthly webinar series, Managing in an Uncertain Economy.

ITR Economics is always a firm favorite at our Annual Meeting, so you can expect the same thought-provoking insight and analysis by registering for these interview-style presentations.

Senior Business Advisor Alex Chausovsky will be your host, leading you through the complexities of our economic recovery, COVID-19, and the market’s reaction to the recent election.

The six-month-long webinar series started in October 2020, with each session including a 15-minute presentation with time set aside afterwards for questions.

“We wanted to make sure people are getting a reliable data-driven analysis and that they are making decisions based on good quality information rather than the hype and sensationalism that exists in the media today,” he says.

It’s certainly proven popular, with around 600 people registering for each event.

“So far, we've talked about the situation on the ground from an economic perspective pertaining to COVID, we've looked at the leading indicators for the recovery in the U.S. and global economies, the stimulus measures and the impact those are likely to have. We've also presented the audience with some signposts of what we're looking for to make sure this recovery continues.”

The outlook for the remainder of the year will be the focus for February’s webinar, with Chausovsky talking about ITR Economics’ expectations for the distribution sector – where we are now, where we are heading, and what the leading indicators are telling us.

“If you look at the impact of the shutdowns in the U.S. and Europe, the low point in the cycle was clearly the second quarter of 2020,” he says.

“The rising trend that we’re seeing in the monthly data started to pick up momentum in the third and fourth quarters of 2020 and is really going to gain steam beginning in Q2 2021. We’re at the low point in the economic cycle right now, with cyclical rise expected to accelerate in the second half of this year. This will eventually culminate in a positive year-over-year growth rate by late 2021.”

 

Be sure to register for the next sessions of ITR Economics: Managing in an Uncertain Economy scheduled for February 17 and March 18. Find out more at https://www.nacd.com/education-meetings/education/webinars/

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