UCLA Anderson Forecast: Continued National Growth; California Remains on Even Keel
UCLA Anderson Forecast’s first quarterly report for the United States economy says that the nation “looks like an island of stability in a very volatile world.” The implication is that the U.S. is still on track for 3% GDP growth for the next two years, despite slow growth and currency devaluations throughout much of the rest of the developed world.
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Did Negotiations Lead to a Rainbow Over Panama?
At the end of June 2014, the contract between the International Longshoremen and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) expired and a protracted negotiation ensued. In November, the PMA accused the ILWU of engaging in a slowdown. To be sure, cargo ships began stacking up as they awaited berths from Seattle to Long Beach and supply chains from Asia were interrupted.
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FORECAST BLOG SERIES
New Technology Excites Hollywood Executive Peter Guber, Despite Slow Growth of Entertainment Jobs in L.A.
Forecast economists Edward Leamer, Jerry Nickelsburg, David Shulman (’66) and William Yu presented the report to an audience at Culver City’s Kirk Douglas Theater, sharing the good news that the U.S. economy appears to be strong and stable amid international volatility. Two panels of experts focused on how the California economy is affected by ebbs and flows in the entertainment industry.
UCLA Anderson Quarterly Forecast Explores Entertainment Industry Trends and Their Effects on the Local Economy
"The merger of the tech economy and the entertainment industry has never been stronger. Silicon Valley has seen and knows how important content is to driving culture. And in reverse, Hollywood knows how tech has revolutionized how we experience entertainment. The place in between then becomes completely alluring."
UCLA Anderson Forecast: Special Reports Examine Entertainment Industry and California Ports
UCLA Anderson Forecast’s first quarterly report for the United States economy indicates that the nation “looks like an island of stability in a very volatile world.” The implication is that the U.S. is still on track for 3% GDP growth for the next two years, despite slow growth and currency devaluations throughout much of the rest of the developed world. Payroll employment is expected to increase at a 250,000-per-month pace and the national unemployment rate will hit 5% by year’s end.
State OutlookWatch Video
Local OutlookWatch Video
National OutlookWatch Video
Peter Guber, CEO of Mandalay EntertainmentWatch Video
Entertainment in the Digital AgeWatch Video
Keeping California's Entertainment Industry CompetitiveWatch Video
Edward Leamer, Director, UCLA Anderson Forecast
David Shulman, Senior Economist, UCLA Anderson Forecast
Jerry Nickelsburg, Senior Economist, UCLA Anderson Forecast
William Yu, Economist, UCLA Anderson Forecast
Sanjay Sood, Professor of Marketing, UCLA Anderson School of Management
Teri Schwartz, Dean, UCLA School of Theater, Film and Television
Lincoln Wallen, CTO, Dreamworks Animation SKG
Cathy Pellow, Owner/Manager, Sargent House
Lori Kozlowski, Editorial Director, Atom Factory & Former Correspondent, Variety & Forbes
Bruce Doering, Executive Director, International Cinematographers Guild
Amy Lemisch, Executive Director, California Film Commission
Kenneth Ziffren, Founding Partner, Ziffren Brittenham, Chairman of the Entertainment & Media Law Program, UCLA School of Law
Brian Farrell, Former Chairman and CEO, THQ
Erich Schwartzel, Reporter, Wall Street Journal