June 2020 Economic Outlook

Online Webinar
Wednesday, June 24, 2020 | 8:30 a.m. - 11:20 a.m.
Register Now
Enhanced Webinar (Includes Zoom Webinar, Quarterly Forecast Report, Special Q&A Session): $95
Limited Webinar (Youtube Only): Free

Seating is limited. Online registration closes 11:59 p.m. on 6/22/2020

UCLA Anderson Forecast in Partnership with UCLA Ziman Center presents

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.

The depth of the recession will be worse than anything since the 1929-1933 crash. But what about the expansion? Will it be slow as in the aftermath of 2008/2009 or fast like 1983? And how will the economic landscape, now scarred by the pandemic, change? In addition to this broad focus, in conjunction with the Ziman Center for Real Estate, featured guest speakers will weigh in on the pandemic and recession’s impact on housing markets.

8:30 - 8:40a Welcome + Introductions
Jerry Nickelsburg, Director, UCLA Anderson Forecast
8:40 - 10:00a UCLA Anderson Forecast for the Nation and California
David Shulman (MBA '66, Ph.D. '75), 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
10:00 - 10:20a What Will Cities Look Like Post-Pandemic?
A conversation with Richard Florida, Professor, Urbanist and Writer, hosted by Jerry Nickelsburg
10:20 - 10:40a Housing Market Analysis
A conversation with Ivy Zelman, CEO, Zelman & Associates, hosted by David Shulman
10:40 - 11:00p California Home Affordability  
A conversation with Conor Dougherty, Economics Reporter at New York Times, hosted by Edward Leamer
11:00 - 11:20p Allen Matkins/UCLA Anderson Forecast CRE Survey Results
A conversation with John Tipton, Partner at Allen Matkins, hosted by Jerry Nickelsburg
Key Topics
What will the Post-COVID economy look like?
Is the 35%-40% estimated annualized decline in the real GDP represent the bottom, or will the decline continue into the third quarter?
Housing was booming going into March. Will the current COVID induced drop in housing activity be temporary or something more fundamental?
Will the COVID pandemic signal an end to the urban housing boom and a shift back to the suburbs?
How are residential real estate markets across the U.S. and in California responding to the coronavirus pandemic?
Could there be unintended consequences of California's new tenant protection law on residential real estate markets?

UCLA Anderson Forecast