The U.S. Economic Outlook and Its Impact on Small Businesses April 21, 2019

After a tumultuous end to 2018, many are asking what the future holds for economic growth in the year ahead.

Small business owners appear to be especially concerned, with small business confidence dropping rapidly at the end of the year. But even with a downshift in the economy at the end of last year, economic fundamentals remain robust with continued job and wage gains, as well as modest inflation.

The focus has now begun to shift to the timing and the nature of the next downturn, and what industries and geographies are best positioned to weather it.

Join this timely webinar by Michael Brown, Principal U.S. Economist with Visa, who will cover these specific issues:

  • Economic update:  An outlook through 2020 focusing on key macroeconomic variables influencing the consumer specifically, and the payments industry more broadly.
  • Income growth, the labor market, consumer spending, the housing market, the outlook for interest rates and risks to our outlook will also be covered.
  • Growth outlook: Not all industries and sectors are impacted positively – which sectors are experiencing growth?
  • Great Recession, Great expectations: Many remember the last economic downturn with its widespread impact on the consumer sector.
  • Looking ahead to the next downturn, we will explore the expected impact on consumer spending and geographies.

This webinar is a part of the 2019 National Small Business Week Virtual Conference.

SBA’s participation in this Cosponsored Activity is not an endorsement of the views, opinions, products or services of any Cosponsor or other person or entity. All SBA programs and services are extended to the public on a nondiscriminatory basis. Reasonable arrangements for persons with disabilities will be made, if requested at least 2 weeks in advance, by contacting SBA Cosponsorship Authorization No. SBW 2019.





Visa is a global payments technology company that connects consumers, businesses and financial institutions around the world with products and services that make payments more convenient and more secure.

Visa helps millions of cardholders across the world better manage their finances by enabling them to pay ahead with a prepaid card, to pay now with a debit card or to pay later with a credit card. We offer customers peace of mind in knowing they can use their cards with convenience, security and ease, virtually anywhere in the world, at any time.

More from Visa


Michael Brown - Visa, Inc.

Michael Brown closely monitors trends in the U.S. economy and leverages economic and payment industry data to explain the impact of these trends for company and client executives, as well as government leaders.

Michael Brown

Principal U.S. Economist, Visa, Inc.

The U.S. Economic Outlook and Its Impact on Small Businesses