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Video: Economic trends to watch in 2023

February 2, 2023

2022 had solid job growth, but it was a volatile year with rising inflation and interest rates. Watch Nationwide’s Senior Economist Ben Ayers share his outlook for 2023, discuss a potential recession and address these economic concerns:

  • What is the 2023 job outlook?
  • How is inflation impacting the business sector, supply chains and service costs?
  • Will the Fed continue to tighten the interest rate environment?
  • What will happen with the housing market?

 

With the economy top of mind, explore additional insights:

Personal Lines

Watch the video

Economy concerns infographic

Commercial Lines

Rising costs infographic

Agriculture

  • After a record-breaking 2022, farm profit margins are expected to face headwinds in 2023

January Agriculture Market Review

Inflation guard coverage

Citations/Disclaimers

  • The information in this report is provided by Nationwide Economics and is general in nature and not intended as investment or economic advice, or a recommendation to buy or sell any security or adopt any investment strategy. Additionally, it does not take into account any specific investment objectives, tax and financial condition or particular needs of any specific person. 

    The economic and market forecasts reflect our opinion as of the date of this report and are subject to change without notice.  These forecasts show a broad range of possible outcomes. Because they are subject to high levels of uncertainty, they will not reflect actual performance. We obtained certain information from sources deemed reliable, but we do not guarantee its accuracy, completeness or fairness.