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Halted Profits: A Tale of Inflation, Wages, and Earnings
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After two years of rising profits, the business environment is shifting to one where firms face higher labor costs and have little chance to boost prices. And our current forecasts for 2019 suggest that growth will decline back to its long-term, two percent trend by the end of the year.
Thus, despite the fact that the economy will continue to expand at a healthy pace, business profits could still come under pressure.
Join our expert economists as they explore:
- The role productivity, pricing power, and wages play in shaping profit growth
- The factors driving both strong wage growth and weak upward inflationary pressure
- Whether the earnings environment can improve for companies during the next year
Who Should Attend: Executives interested in learning more about the profit environment for the US Economy
Gad Levanon, PhD
Gad Levanon is chief economist, North America for The Conference Board, where he oversees the labor market, US forecasting, and Help Wanted OnLine© programs. His research focuses on trends in US and global labor markets, the US economy, and forecasting using economic indicat...Full Bio
Brian Schaitkin is a Senior Economist in U.S. Economic Outlook & Labor Markets at The Conference Board. He is part of a team working to expand The Conference Board’s previous work on labor shortages. In addition, he will be leading efforts to expand coverage of regional economies in the...Full Bio