Blog | 17 May 2021

Mastering the business challenges of 2019’s uncertain prospects

Debra D’Agostino

Managing Director, Thought Leadership; Co-Managing Director, Oxford Economics USA

As we settle into the new year, forecasters at Oxford Economics are optimistic about America’s prospects in 2019. Despite a global slowdown in GDP growth, the US will post the strongest gains of any G7 country. Unemployment is at a 50-year low, and real wages are on the rise. Yet with a rising federal funds rate, a dissipating fiscal stimulus and the risk of a renewed government shutdown—not to mention issues abroad, such as a no-deal Brexit and a trade war with China—companies will need to navigate some headwinds.

Our Thought Leadership team has identified a number of strategic issues companies will need to address in this environment. For one, companies are increasingly moving away from the traditional full-time workforce in favor of contingent employment, in which non-payroll workers perform ever-more important jobs. And as technology platforms ramp up, we expect to see new players enter the financial services industry—consumers may soon be mortgaging their homes through Amazon or Google. We also expect to see greater demand for consumer privacy and data security.

All of these reports, along with many others related to the US economy and business strategy, are available here.

You may be interested in

Post

Oxford Economics enhances its real estate solutions with the addition of MSCI data

Oxford Economics is delighted to announce a significant product enhancement to its Real Estate Economics Service and Global Economic Model, with the addition of MSCI historic real estate index data.  

Find Out More

Post

From Floppy Disks to AI: A Fireside Chat with Adrian Cooper, CEO of Oxford Economics

Discover the journey of Adrian Cooper, CEO of Oxford Economics, in shaping the firm into a global leader, along with his insights and vision for the future in an exclusive interview.

Find Out More

Post

Oxford Economics introduces new Global Tech Spend Forecasts

Oxford Economics is excited to announce the launch of the Global Tech Spend Forecasts service, offering the most reliable forecasts on enterprise IT spending across 35 industries and 25 countries, with forecasts out to 2050.

Find Out More