Leaders in Lending | Ep. 139: Charting the economic horizon—Resiliency, risk and credit trends

As tumultuous as the current economic field may seem, it’s not all doom and gloom as Q1 comes to a close.

According to Joseph Mayans, Chief Economist at Experian, there are signs of a more optimistic 2024 than we had in 2023. He shares his economic and credit outlook for the year ahead, along with consumer credit trends and potential risk areas.

With consumer spending on the rise, low unemployment rates, and an unexpectedly resilient market, we’re looking at a solid growth picture.

Key factors shaping a more optimistic 2024 compared to 2023

 

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