2023 Orange County Economic Outlook
In a time of elevated uncertainty, concerns about recession, inflation and the impact of policy, data-based analysis is the key to decision making. This collaboration between UCLA Anderson School of Management and UCI Paul Merage School of Business presents analysis of key sectors of the economy and an outlook for Orange County, California and the U.S. The speakers will discuss the implications of alternative Fed policy, interest rates and real estate markets, and the near-term outlook for the tech sector among others.
March 2023 Economic Outlook
In the midst of recession worries, employment has been growing. In California, health care and social services employment has added more jobs than any other sector except for logistics over the last two years and more than any other sector in the 4th quarter of 2022. Technology is changing the way in which health care is delivered, the employment requirements and the impact that will have on future growth. The March UCLA Anderson Forecast conference will roll out the latest economic outlook and the probability of a near term recession and the implications of technology and the new business of health care.
December 2022 Economic Outlook
What will regulation bring to the wild west of cryptocurrencies? Why are the prices of cryptocurrencies volatile? Will the world be working with multiple media of exchange? If the U.S. goes to the digital dollar, what are the international implications? What are the issues surrounding property rights and cybersecurity in a digital currency world? The December 2022 UCLA Anderson Forecast will explore cryptocurrencies, central bank digital currencies and will examine whether they’re transformative inventions or market mass destruction déjà vu. This conference will be held in collaboration with the Fink Center for Finance and features two expert panels.
2022 San Francisco Economic Outlook
Are we in a recession? If so, how does that impact our region and current policy debates? The 5th Annual Regional Economic Outlook, hosted by the UCLA Anderson Forecast, UC Hastings Law and the Bay Area Council Economic Institute will investigate these important questions. In particular, the event will include a panel of experts representing law firms, public/private sectors, and academia to discuss how a potential recession affects some of the latest trends in environmental, social & governance (ESG) matters.
September 2022 Economic Outlook
Will there be a recession? Is there one already? And how is California faring in relation to the U.S.? The Fall Quarter UCLA Anderson Forecast will explore the near term implication of slowing growth, higher interest rates and a more uncertain world, and the long-term implications with panels on climate change and the economic outlook. This conference will be held in collaboration with the UCLA Center for Impact@Anderson and feature a keynote address and expert panel.
June 2022 Economic Outlook
Interest rates are rising, the inventory of homes listed for sale is low, home prices are soaring, and investors are jumping into the market. All of this against a backdrop of inflation and war in Europe. Where will the economy be next year? Is housing in another bubble? Did the inversion of the yield curve portend a near term recession? The June UCLA Anderson Forecast conference on the economic outlook and real estate joint with the Ziman Center for Real Estate will focus on these questions with a new forecast and experts discussing the outlook for residential real estate.
The Future of Energy
Energy markets are in flux as the world transitions to an array of new sources of energy while still heavily dependent on traditional sources for economic growth and vitality. With the war in Ukraine disrupting petroleum markets a great deal of uncertainty exists throughout energy markets. Join the UCLA Anderson Forecast in a webinar with Mike Wirth, CEO of Chevron, for a discussion on how they navigate these uncertain times and what the future holds for the energy industry.
2022 Orange County Regional Outlook
The US economy is booming and so is inflation. In this time of heightened uncertainty, what might happen in real estate and investment in Orange County? Against a backdrop of the national and state economic outlook, we explore the implications of Ukraine, pandemic waves, rising interest rates and migration on the local economy over the coming years.
March 2022 Economic Outlook
Inflation and economic growth are closely tied to globalized supply chains. As the pandemic wears on, will recent inflation take off, or will supply chain issues fade and economic growth continue? The first 2022 economic outlook from the UCLA Anderson Forecast delves into these issues and the future of international trade.
December 2021 Economic Outlook
The COVID recession of 2020 induced governments to enact historically large support packages funded by debt. Now as economies around the world work their way back to full employment, the support packages are gone, but new deficit spending has been proposed. How does this ballooning of government debt in the United States and around the world affect the outlook for economies for the balance of the decade? Three world-renowned experts on debt will discuss the issues as a companion to the rollout of the latest post-Delta surge economic outlook at the December quarterly conference.
The Future of Business Travel
Featuring Scott Kirby, Chief Executive Officer of United Airlines
The UCLA Anderson Forecast proudly welcomes Scott Kirby, Chief Executive Officer of United Airlines, who will join Dr. Jerry Nickelsburg for a conversation about what lies ahead for the future of business travel. Across the U.S., and in many countries across the globe, the advent of the remote office environment, and the latest technology to conduct meetings has changed the way most view traveling for work. Please join us for this opportunity to hear more from Scott as he shares his perspective and insights on what we can expect to see from airline travel in a post COVID-19 environment.
2021 San Francisco Economic Outlook
COVID-19 has strongly impacted the world economy. How does that impact California and the Bay Area? This upcoming UCLA Anderson Forecast/UC Hastings conference will provide an economic analysis and update on what has happened since the last report, and will also look at how COVID-19 has impacted the technology sector, corporate governance and Silicon Valley. This 4th Annual Regional Economic outlook in San Francisco will bring together experts representing law firms, public and private sectors, government and academia to discuss what's coming ahead for the local economy, across the state and nation.
2021 Orange County Economic Outlook
The delta surge is affecting the world economy. How does that impact California and Orange County? The UCLA Anderson Forecast team provides some analysis.
In our Annual Regional Outlook Series, we bring to you our latest U.S. and California Forecasts along with a focused view of the regional economy. We will also discuss what is happening in Orange County residential and commercial real estate development.
September 2021 Economic Outlook
Recent months have seen a robust recovery from the 2020 recession. GDP will have surpassed its previous peak, and employment is on a recovery trajectory. The open question is where the economy goes from here. Will we return to 2% GDP growth, or will the adoption of technology used during the pandemic spur productivity and growth above 2%? Will labor-saving technology result in less demand for workers and a labor force participation rate that remains below 2019 levels?
June 2021 Economic Outlook
The pandemic induced recession has created new challenges for commercial real estate. What will be the future of offices after more than one year of remote working?
March 2021 Economic Outlook
There is a new administration in Washington and the Pandemic still rages. Economic relief, stimulus and infrastructure spending proposals are going to be debated in Congress. And the pandemic will have profound implications for the health care industry including technology, tele-medicine, and supply chains. How these will affect the economic outlook and the business of health care are topics to be explored at the March UCLA Anderson Forecast conference.
March 2020 Economic Outlook
The current epidemic of COVID-19 is affecting the world economy. How does that impact the U.S. and California? In a new forecast to be released March 11, the UCLA Anderson Forecast team provides some analysis.
June 2020 Economic Outlook
June 24th will be the first quarterly Forecast conference since our recession call mid-March. Much has happened since then. With a record high layoff/furlough rate, record high support/stimulus packages and public health policy interventions the economy is in unchartered waters.
September 2020 Economic Outlook
The U.S. economy continues to move through the COVID-19 pandemic and the deepest economic decline since the Great Depression. After a partial reopening of the economy, labor markets remain weak, bankruptcies are increasing, virus cases are higher than they were in Q2, and there is renewed concern about an apparent recovery being muted at best.
December 2020 Economic Outlook
Drought, wildfires, flooding, heatwaves, and more will impact business decisions this decade. Looking ahead from the short-term forecasts, we consider how these events will affect where people will live and how business will be conducted as the U.S. and California adapt to new climate realities.
March 2019 Economic Outlook
The U.S. and California economies remain on track to avoid a recession in 2019, though elevated risks abound. These risks point to key factors to watch as the latter part of the year unfolds. And the soft housing markets, jitters on Wall Street and trade disputes all point to uncertainties in 2019. One key to continued growth in Los Angeles is the health of the tech industry, and in particular the transformation of the entertainment industry with new technologies. The March 2019 UCLA Anderson Forecast presents an analysis of these and other issues with the rollout of its next report.
June 2019 Economic Outlook
While the forecast of 2019 likely escaping a recession is not much changed, commercial real estate, having enjoyed a decade long expansion since the financial crisis, is headed for a "crunch" with increasing supply coming from the flow of investment dollars searching for yield encountering a slowing increase in employment growth (from 200,000 down to 100,000 jobs a month). The panel will also discuss the potential impact of the proposed rent control legislation and split roll property tax proposals.
September 2019 Economic Outlook
Technology is transforming the US economy and Los Angeles, particularly Silicon Beach, is certainly experiencing the impact. As we enter the third decade of the 21st Century, what does the recent success of Silicon Beach in West LA tell us about the future landscape and opportunities in the rest of the City? Is workforce development an impediment to further growth? What kinds of actions will industry, entrepreneurs, academia and the City need to take to ensure future success? The September UCLA Anderson Forecast conference will discuss these issues as well as the economic outlook and prospect for a near term recession.
December 2019 Economic Outlook
The volatility of financial markets in 2019 has given pause with respect to recession probabilities and the future of asset markets. Will the whipsaw of bond and equity prices continue? How will the Fed react in an economy with good employment numbers, but elevated risks. The December 2019 UCLA Anderson Forecast will untangle many aspects of these questions, including the relationship between the financial and real estate sectors as it looks to the economic and financial outlook for 2020.
March 2018 Economic Outlook
As we enter the second year of the Trump administration there are two major initiatives that will impact our local economy; the tax overhaul passed last December and the ongoing renegotiation of trade relations with Mexico, Canada, South Korea and China. What if NAFTA falls apart? Will there be a trade war with China? How will the taxation of foreign source earnings affect U.S. corporate production and employment? These and other topics related to trade and taxation will be explored at the UCLA Anderson Forecast conference on March 7, 2018.
June 2018 Economic Outlook
The national economy remains strong with real GDP growth approximating 3% this year. However, a tightening labor market accompanied by rising inflation and higher interest rates will cause growth to slow in 2019 and 2020. Further increased trade tensions combined with trillion dollar deficits will add to economic uncertainty as the decade ends.
September 2018 Economic Outlook
Why is the economy experiencing robust growth? In part, it is due to the fast growing technology sector. In Los Angeles, tech is changing the nature of work and the face of the city. Where does it go from here? The UCLA Anderson Forecast and the Easton Technology center will examine tech in Los Angeles at the September 26 Conference.
December 2018 Economic Outlook
As the economy enters 2019 on a good (economic) note, there are changes ahead in financial markets. The Fed is raising rates, The ECB may raise rates as well. Dodd-Frank changes are in the winds; and there will be a new Congress. In California, there are trade wars and a new governor. The UCLA Anderson Forecast takes a look at equity and bond markets and the implications of these end-of-year changes in its release of the new forecast and its annual outlook for financial markets.