PRESS RELEASE
UCLA Anderson Forecast: Nation Should See Moderate Economic Growth; California Expects Steady Improvement in Employment Rate
UCLA Anderson Forecast’s second quarterly report in 2015 for the United States indicates that the nation’s economic growth, for the second year in a row, was slowed by inclement weather experienced during the first quarter of the year.
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CALIFORNIA FORECAST
When Will California Reach its Potential (Employment)?
The current economic expansion has had an unusually large spike in the number of long-term unemployed. This roughly corresponds to the decline in manufacturing, the shrinkage of a construction sector bloated by the housing bubble, and the changes in the finance, legal and professional services sectors.
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FORECAST BLOG SERIES
Tech Sector Forecast: Good News, Bad News
In 1991, a gigabyte of data cost $10,000. Today it’s free. Back then, one million transistors crowded onto a single chip, now one chip holds seven billion transistors. In 10 years we can probably expect chips to hold 100 billion transistors.
Focusing on the Planet's Most Precious Resources
"If the world’s biggest challenges are also the biggest opportunities, the time is ever so ripe for “big dreamers.” These may be the very entrepreneurs whose creative and curious minds are primed to think that there are no problems that innovations and their entrepreneurial skills can’t solve.
We're in a Race with Technology
Fire, wheels, steam power, electricity, computers: History tells us that each new technological revolution triggers difficult disruptions before ultimately leading to greater economic and social gains. With the Internet of Things, the changes will come faster and be more disruptive than any technological shift the world has experienced.
The information age is upon us and will continue to disrupt old ways of doing things and replace them with new digitally driven processes. Will this transformation be like the Industrial Revolution, painful but ultimately democratizing by increasing incomes and leisure time for the vast majority of Americans, or will it further inequality and continue to hollow out the middle class? These key questions will be discussed as part of the June quarterly update of the Anderson Forecast Conference..
| 1:00 - 2:00p | Registration |
| 2:00 - 2:50p | UCLA Anderson Forecast for the Nation and State |
| 2:50 - 3:05p | When Will Robots Take Your Job? Creative Destruction in the 21st Century |
| 3:05 - 3:20p | Break |
| 3:20 - 4:05p | Panel: Surfing the Tech Wave or Swept Away by it? |
| 4:05 - 4:30p | Keynote Address by Scott A. McGregor, President and CEO of Broadcom |
| 4:30p | Wrap-up and Closing |
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Will this year be a repeat of last year with a slow winter quarter and a strong spring? |
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Have we seen the lows in inflation? |
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Are we still on track for a 5% unemployment rate by yearend? |
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Will Silicon Beach lead LA economy to a long-term prosperity? |
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What are the strengths and weaknesses of Silicon Beach in facing competition from Silicon Valley, Route 128, Silicon Forest, Silicon Hills, etc.? |
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
Jeff Cruttenden, CEO and Founder, Acorns.com
Dr. Robert Griffin, Deputy Under Secretary, U.S. Department of Homeland Security
Naveen Jain, Founder, Moon Express, INome, World Innovation Institute
Lori Kozlowski, Editorial Director, Atom Factory and Former Correspondent, Variety and Forbes
Jon Lindsay, Assistant Professor of Digital Media and Global Affairs, University of Toronto Munk School of Global Affairs and Nonresident Visiting Scholar UCSD
Alfred E. Osborne, Jr., Senior Associate Dean, Professor, UCLA Anderson School of Management
