

NEWS
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
Los Angeles (Dec 9, 2020) — The quarterly UCLA Anderson Forecast anticipates positive economic news on the horizon.
After the COVID-19 pandemic reached the U.S., the Anderson Forecast’s March report was followed by two downward revisions, and the June and September releases charted the pandemic’s impact on the California and national economies. The December forecast offers hope of a robust recovery from the current recession, based on the assumption that mass vaccinations would clear a path toward a new, productive normalcy for many industries.
However, that good news is tempered by predictions of a rough winter, as economic growth remains stalled by measures intended to prevent rising spread of virus cases until vaccines become widely available. ” [...]
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CA FORECAST
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. As well, we have pointed out that we do not know what the future will bring with respect to the pandemic. What we do know is that the pandemic is raging across the [...]
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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.
8:30 - 8:40a | Welcome + Introductions Jerry Nickelsburg, Ph.D., Director, UCLA Anderson Forecast |
8:40 - 9:45a | UCLA Anderson Forecast for the Nation and California Leo Feler, Ph.D., Senior Economist, UCLA Anderson Forecast Jerry Nickelsburg, Ph.D., Director, UCLA Anderson Forecast Edward Leamer, Ph.D., Professor Emeritus, UCLA Anderson William Yu, Ph.D., Economist, UCLA Anderson Forecast Leila Bengali, Ph.D., Economist, UCLA Anderson Forecast |
Q + A with the Forecast Team | |
9:45 - 9:55a | Break |
9:55 - 10:40a | Panel: More Water From the Ocean, Less From the Sky - Water Policy and Business Moderator: Eric Hoek, Ph.D., UCLA Department of Civil and Environmental Engineering, Director, UCLA Sustainable LA Grand Challenge Kathy Jacobs, Director, Center for Climate Change and Adaptation, University of Arizona Ellen Hanak, Ph.D., Vice President and Director - Water Policy, PPIC Mark Gold, Ph.D., Executive Director, Ocean Protection Council, Deputy Secretary for Ocean and Coastal Policy, California Natural Resources Agency David Osias, Partner, Allen Matkins |
10:40 - 11:25a | Panel: Business Adaptation to Climate Change Moderator: Magali Delmas, Ph.D., Professor, UCLA Anderson and Faculty Director, Impact Carla Peterman, Ph.D., Senior Vice President, Strategy & Regulatory Affairs, Southern California Edison Alex Bernhardt, Director, Marsh & McLennan Advantage Group Lauren Riley, Managing Director, Global Environmental Affairs and Sustainability, United Airlines Nora Pankratz, Post-Doctoral Research Fellow, UCLA Luskin School of Public Affairs |
11:25 - 11:30a | Closing Remarks Jerry Nickelsburg, Ph.D., Director, UCLA Anderson Forecast |
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How will the election affect macroeconomic policy? |
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Is a 2021 stimulus package likely? |
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Is the recovery sustainable in the near-term? |
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Will the boom in housing in the U.S. and California continue? |
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What is the prospect for a return of tourism to California? |
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Will the California economy continue to outperform the U.S.? |