4/22 Live Webinar: Global Uncertainty: Understanding how global conflicts and economic shifts may impact local businesses
How could conflict in Iran and the broader Middle East impact businesses right here in Philadelphia?
Join us for a 45-minute live webinar with Matt Colyar, Economist from Moody’s Analytics as we break down how global conflict can ripple through the economy and affect local businesses, employment, and day-to-day operations across the Philadelphia region.
Recent analysis from Moody’s Analytics shows that the conflict in Iran poses considerable risks to the global economy and has already disrupted key oil flows through the Persian Gulf, a route that carries about one-fifth of the world’s crude supply. These disruptions have pushed energy prices higher and increased uncertainty across global markets. Moody’s also notes that higher energy prices will temporarily increase inflation in advanced and emerging economies, adding pressure to already tight business margins (Moody’s Analytics, Global Outlook, March 2026).
At the same time, broader U.S. economic indicators are showing signs of strain. Economists are raising recession risk estimates due to ongoing geopolitical instability, rising fuel prices, and a softening labor market. One economist noted that the negative consequences of higher oil prices happen first and fast, highlighting how quickly these global shocks can affect businesses and consumers (CNBC, March 25, 2026).
In this session, we will connect these global developments directly to Philadelphia’s business landscape, including:
- How rising energy and transportation costs can affect business expenses
- What economic uncertainty could mean for hiring, wages, and local employment
- How shifts in consumer confidence may impact sales and demand
- Practical ways business owners can stay informed and adapt
Speaker Bio:
Matt Colyar is an economist at Moody’s Analytics. His work is primarily focused on inflation and the Federal Reserve. He is also the lead analyst covering Pennsylvania’s economy. Matt is a regular contributor to the Moody’s Talks Inside Economics Podcast with Mark Zandi. He lends his expertise to major publications such as The Wall Street Journal and The Washington Post through frequent media interviews. Prior to joining Moody’s Analytics, Matt worked at the World Bank, focusing on private-sector development in South Asia, and in private industry as a financial analyst.
Whether you are a business owner, entrepreneur, or community stakeholder, this webinar will provide clear, accessible insights to help you navigate an increasingly interconnected and uncertain economic environment
