December 2020 Economic Outlook Highlights
Anticipating a Coronavirus Vaccine, UCLA Anderson Forecast Expects Robust Economic Recovery to Begin in Spring 2021
In California, the rebound will be led by tech, residential construction and logistics sector
The Economic/Pandemic Question: To Close or Not to Close?
Since the pandemic-induced recession began last March, we have said that the course of the pandemic, and the public health policy response to it, is critical to the economic forecast.
UCLA ANDERSON FORECAST IN COLLABORATION WITH
UCLA INSTITUTE OF THE ENVIRONMENT & SUSTAINABILITY AND IMPACT@ANDERSON PRESENTS
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. The December UCLA Anderson Forecast will present its first post-election forecast and host two panels with experts on water, energy, productivity, and adaptation.
- How will the election affect macroeconomic policy?
- Is a 2021 stimulus package likely?
- Is the recovery sustainable in the near-term?
- Will the boom in housing in the U.S. and California continue?
- What is the prospect for a return of tourism to California?
- Will the California economy continue to outperform the U.S.?