While the Fed staff continue to share a brighter outlook, the yield curve spread between 10-year and 3-month Treasury rates suggests there is a 61% chance of a recession in the 12 months ahead. Historically, the yield curve has been a reliable predictor of recessions, based on a New York Fed model which uses data from 1959-2009. - From Visual Capitalist
The most popular layouts, the most popular flag symbols, the most popular color combinations and the most often used number of colors. As a bonus at the end of the infographic there is a design of what a flag for the planet earth might look like. - From Infographic Journal
World Data Lab expects 113 million people to join the global middle class in 2024, with the vast majority coming from Asia. As expected, China and India are projected to be the two biggest sources of additions to the global middle class in 2024. Both countries have massive populations, rising income levels, and high rates of urbanization. - From Visual Capitalist
Marketing leaders are using AI to make rapid advances in shopper assistants, targeted marketing, and more. – From Bain & Company
Bain forecasts 3% nominal growth in US retail sales this holiday, the lowest since 2018. Santa's sleigh will slow this year. Inflation has cooled, and so have sales. Not everyone is in the holiday spirit. - From Bain & Company
Comprehensive data from UNICEF on where children are the most satisfied with their lives, including statistics on mental well-being, suicide rates, physical health, obesity rates, academic achievement, social skills, family time, and more. - From Infographic Journal
In this graphic, we present a treemap chart that visualizes the world’s top 50 publicly-traded companies by market cap, using data as of Aug. 16, 2023. There are only a handful of trillion dollar companies in the world, including Apple, Microsoft, Saudi Aramco, Amazon, Alphabet, and Nvidia. - From Visual Capitalist
There are over 2.14 billion online shoppers in the world. There are 268 online shoppers in the United States. There are more than 12 million online stores in the world. - From Tidio.com
By the end of 2023, the world economy is expected to have a gross domestic product (GDP) of $105 trillion, or $5 trillion higher than the year before. 29 economies are projected to shrink from their 2022 sizes, leading to nearly $500 billion in lost output. - From Visual Capitalist
The remarkable handiness and capacity of generative AI has caused the skyrocket in popularity within the past year. In January of this year alone, ChatGPT, one of the most popular AI to emerge, has seen 100 million monthly active users. On the commercial end, there is a 1800% increase in private AI investments compared to 2013. AI has even seen success on a global scale. 88% of Chinese businesses showing interest in AI on the high end and there’s also 68% commercial interest within the U.S. - From Infographics Archive
Despite economic uncertainty, business leaders agree digital transformation is non-negotiable. From generative AI adoption to prioritizing sustainability initiatives, leaders are challenged to optimize current investments to fuel innovation in other areas. - An IDC Brief Sponsored by Insight
Amazon ranks number one globally with its brand valued at $299 billion. As a market leader in online retail, it has strong brand loyalty in its B2C segment which generates its largest share of revenue, and is a key player in cloud services for its B2B platforms. - From Visual Capitalist
According to Meta founder Mark Zuckerberg, Threads took only 5 days to reach the key threshold of 100 million users. It achieved this milestone through organic demand—and no paid promotions required—smashing all previous records. - From Visual Capitalist
Around 40% of businesses or more across sectors are adopting or evaluating each of the top six applications of foundation models and generative AI. – From Bain & Company
60% expect our lives to change significantly because of AI in the next 3-5 years. ChatGPT hit 100 million monthly active users in January 2023, becoming the fastest growing application in history. – From Infographic Journal
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