Outlook for 2021 – Early Year Perspective 1

Here is an update for the PowerPoint deck based on the excellent St. Louis Federal Reserve databank FRED.

There are lags between this official macroeconomic and financial data. But, as of these initial reports from the end of 2020, there has been improvement. Overall, however, the US economy has a ways to go to reach (a) production and consumption levels which peaked in 2020.

More frequent updates and posts planned in 2021. This is truly an unusual and remarkable situation.

Sales and new product forecasting in data-limited (real world) contexts