As a Treasury as a Service (TaaS) platform, our cash management team pays a lot of attention to the economic environment. We want to share some current macroeconomic insights that CFOs and business leaders can use when planning and optimizing their company finances.
Comments (October 2022): The probability of recession over the next 12 months has risen from about 40% last month to roughly 60% this month. While not certain, it is looking more and more likely that a recession will occur in 2023. We will continue to diligently monitor the data.
Read more about Treasure's data-driven economic indicators in our blog.