September 2018 Economic Outlook

 
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UCLA Anderson Forecast
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NEWS

UCLA Anderson Forecast Predicting an Economic Slowdown on the Horizon

LOS ANGELES (September 26, 2018) – As the national economy continues to grow in its 10th year of expansion, UCLA Anderson Forecast’s third quarterly report in 2018 questions whether the growth is sustainable. Currently operating at full employment and benefiting from the massive tax cut and spending increases, the economic stimulus coming from that combination will likely run out in 2020, with deficits that it created lingering for another decade.   [...]
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CALIFORNIA FORECAST:

California's Fiscal Ship: Will it Sink as Carriers From China Turn Around?

As the national economy hums along in the 10th year of expansion, ripples have appeared on the California shore. But big waves emanating from the nascent trade wars have not appeared. The question for California’s logistics industry is will they appear soon? And for State government, if they do what will be the impact? This concern was an integral part of Governor Brown’s final budget message last May and must be part of the next governor’s 2019 budget message. In spite of concerns about the risk of a full-blown trade war, our forecast for the U.S. economy is one of growth, albeit slower growth.  [...]
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Videos

A Wile E. Coyote Economy?

A Wile E. Coyote Economy?
Superior Growth & Elevated Risks

Superior Growth and Elevated Risks
The Tech Industry in California and Los Angeles

The Tech Industry in California and Los Angeles
Technology Based Innovation-Opportunities and Threats

Technology Based Innovation-Opportunities and Threats
Will the Surf Over Silicon Beach Wash Over or Carry the Rest of LA?

Will the Surf Over Silicon Beach Wash Over or Carry the Rest of LA?
Tech and the New Los Angeles Economy

Tech and the New Los Angeles Economy
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UCLA Anderson Forecast in Partnership with The Easton Technology Management Center present

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.

Agenda
7:30 - 8:30a Registration + Breakfast
8:30 - 8:35a Welcome + Introductions
Jerry Nickelsburg, Director, UCLA Anderson Forecast
8:35 - 9:15a UCLA Anderson Forecast for the Nation and California
David Shulman, Senior Economist, UCLA Anderson Forecast
Jerry Nickelsburg, Director, UCLA Anderson Forecast
9:15 - 9:30a The Tech Industry in Los Angeles

William Yu, Economist, UCLA Anderson Forecast
9:30 - 9:45a Q + A with the Forecast Team
9:45 - 10:00a Break
10:00 - 10:10a Introduction to the Theme
Terry Kramer, Director, Easton Technology Management Center, UCLA Anderson School
10:10 - 10:55a Will the Surf Over Silicon Beach Wash Over or Carry the Rest of L.A.?
Moderator: Jerry Nickelsburg, Director, UCLA Anderson Forecast
Ev Boyle, Executive Director, LA-Tech.org
Austin Clements, Senior Associate, TenOneTen Ventures
Jasmine Hill, Annenberg Foundation/Stanford University
Carmen Palafox, Partner, Make in LA
10:55 - 11:45a Panel - Tech and the New Los Angeles Economy
Moderator: J.B. Blevins, Managing Partner, Navigation Point, Adjunct Professor, UCLA Anderson School
William Chun, Deputy Mayor, Economic Development, City of Los Angeles

Wes Nichols, Tech Entrepreneur & Board Partner, Upfront Ventures
Alex Maleki, Vice President, Business Development, Idealab
Key Topics
Coming off a 4.1% growth rate in real GDP in the second quarter, how strong will the economy be in the second half and in 2019?
What will be the impact of our trade war with China, the EU, Mexico and Canada?
Has the housing recovery stalled?
Will the tech boom continue to charge ahead?
Is California's budget in danger?
Will the trade wars derail the CA economy?
What is the current state and the future of Silicon Beach?
How will high-tech jobs grow in California and L.A.?
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