Financial Intelligence - Second Quarter 2022 Economic Update

Second Quarter 2022 Economic Update By Corporate Strategies and Solutions November 8, 2022

Despite strength in labor-related indicators and updated forecasts predicting positive economic growth in the third quarter of 2022, expectations remain that the U.S. economy will soon be in a recession.

According to recent forecasts by the Conference Board, there is a 96% likelihood of a recession over the next 12 months. Overall, the economy contracted 0.6% in the second quarter of 2022.

Corporate Strategies and Solutions Our Corporate Strategies and Solutions department monitors today’s economic environment and analyzes our members’ financial trends and business activity. The department serves our members by identifying funding and liquidity strategies or solutions that fit their needs and help them enhance their financial performance.

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