FTR | Ask the Experts

Why are we forecasting 2023 to be a peak year as opposed to continuing the growth of 2022?

Written by The FTR Experts | Jun 29, 2021 4:41:29 PM

Don Ake and Jonathan Starks discuss the outlook for the next couple years, and how and why 2023 will be different from 2022.

This Q&A response from the FTR Experts came from our May CV Update webinar. View the video and the key takeaways below. 

 
Key Takeaways:
  • The forecast continues to show 2023 being higher than 2022,  but the years look very close and the peak could actually come anywhere from late 2022 to early 2023.
  • In what would be an unprecedented result, there is a chance 2022 and 2023 could end up looking very nearly identical before finally sloping down after.