UW alum and economist recaps 2023 trends, looks ahead to next year

18 Dec 2023


The U.S. economy has performed much better in 2023 than was projected a year ago, according to economist and UW-Madison alumnus Brad Tank.

“The forecast last year [was] resoundingly in favor of a much slower economy than actually materialized,” he said last week.

Tank is the chief investment officer for Neuberger Berman, an asset management firm with more than $400 billion under management. Speaking during the Wisconsin Alumni Association’s latest UW Now livestream, he said federal officials are successfully tamping down inflation despite ongoing economic headwinds.

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