Economic forecasting

The effect of new housing supply in structural models: a forecasting performance evaluation

Retrieved on: 
Sunday, February 4, 2024
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Key Points: 

    Florida Realtors® 2024 Real Estate Trends: What's Next for Fla. Real Estate?

    Retrieved on: 
    Friday, January 12, 2024
    Research, Newsroom, Multimedia, Commerce, AARP, Florida Department, Housing, University, Real estate, Sale, Hyatt Regency Orlando, Fed, Human, Economic development, Economic forecasting, News, Central Florida, Real estate trends

    A highlight of Florida Realtors 2024 Mid-Winter Business Meetings, the Real Estate Trends summit takes place Jan. 19 from 12:30-2:30 p.m. at the Hyatt Regency Orlando.

    Key Points: 
    • A highlight of Florida Realtors 2024 Mid-Winter Business Meetings, the Real Estate Trends summit takes place Jan. 19 from 12:30-2:30 p.m. at the Hyatt Regency Orlando.
    • "There are a lot of reasons to be optimistic about Florida real estate in 2024," said Florida Realtors Chief Economist Dr. Brad O'Connor.
    • There are two ways to attend the 2024 Real Estate Trends event on Jan. 19, either in person during Florida Realtors 2024 Mid-Winter Business Meetings or virtually.
    • For more information, go to 2024 Real Estate Trends on Florida Realtors' member website.

    CALIFORNIA DOES NOT NEED TO CHOOSE BETWEEN POST-PANDEMIC ECONOMIC GROWTH AND REDUCING CARBON EMISSIONS, NEW ANALYSIS FINDS

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    Tuesday, June 21, 2022
    Zero, Industry, Carbon, UCR School of Business, Research, Golden, Zero-emissions vehicle, Economic forecasting, Business Center, Motor vehicle, News, Workforce, Economy, ZEVS, Employment, Center, Renewable energy

    RIVERSIDE, Calif., June 22, 2022 /PRNewswire/ -- (www.ucr.edu)—Surprisingly, environmental leader California has a smaller 'green economy' than the average U.S. state and would need to add many thousands of environmentally friendly jobs to catch up. The good news is it's on track to do just that, according to a new analysis released today by the UCR School of Business Center for Economic Forecasting and Development.

    Key Points: 
    • The good news is it's on track to do just that, according to a new analysis released today by the UCR School of Business Center for Economic Forecasting and Development .
    • The study projects that California will outpace the United States as a whole in its concentration of green jobs by 2030.
    • The state needs to reduce carbon emissions 40% below 1990 levels in order to meet its own mandated reduction targets by 2030.
    • The full report, Greening the Golden Workforce: Progress and Pathways Toward Green Jobs Leadership, isavailable here .

    AN UNEVEN EXPANSION AND BOUNCE BACK FOR CALIFORNIA'S CREATIVE ECONOMY

    Retrieved on: 
    Wednesday, April 13, 2022
    Roll, UCR School of Business, Shock, Creative industries, State, Center, China News Analysis, Growth, Creative economy (economic system), Economic forecasting, Italian Federation of Commercial and Related Services and Tourism, Fashion, Architecture, Economy, Electronic publishing, COVID, Business Center, Research, Tourism

    Additionally, the Creative Economy workforce in California grew 8% over the study period, significantly faster than the overall workforce.

    Key Points: 
    • Additionally, the Creative Economy workforce in California grew 8% over the study period, significantly faster than the overall workforce.
    • On average, in California's Creative Economy, per worker wages have increased a spectacular 40% since 2015.
    • Wages among Creative Economy workers were already relatively high in 2015 at 1.8 times the average California worker wage, but by 2021, the average worker wage in the Creative Economy was 2.35 times higher.
    • Media currently makes up 31.2% of all Creative Economy employment in the state and accounts for over half (53.3%) of all the Creative Economy wages paid.

    Rebuild SoCal Partnership Podcast Hosts Founder of Beacon Economics on New Episode

    Retrieved on: 
    Tuesday, January 25, 2022
    Water, Rebuild, Economics, ITunes, Transport, Partnership, Multimedia, Economic forecasting, Christopher Thornberg, Partnership for Public Service, Music, Spotify

    ANAHEIM, Calif., Jan. 25, 2022 /PRNewswire/ --During a new episode of The Rebuild SoCal Zone podcast, Rebuild SoCal Partnership's Executive Director Jon Switalski hosts economist Dr. Chris Thornberg, founder of Beacon Economics and Director of the UC Riverside Center for Economic Forecasting.

    Key Points: 
    • ANAHEIM, Calif., Jan. 25, 2022 /PRNewswire/ --During a new episode of The Rebuild SoCal Zone podcast, Rebuild SoCal Partnership's Executive Director Jon Switalski hosts economist Dr. Chris Thornberg, founder of Beacon Economics and Director of the UC Riverside Center for Economic Forecasting.
    • Thornberg says this is a "time of phenomenal uncertainty" and offers his insight on when the economy might improve.
    • This episode of The Rebuild SoCal Zone and past podcast episodes can be found at: https://anchor.fm/rebuild-socal-partnership Listen on iTunes, Spotify, and wherever you find your podcasts.
    • Rebuild SoCal Partnership is a partnership between organized labor and construction management that represents more than 2750 construction firms that employ more than 90,000 union workers in the 12 counties of Southern California.

    Forecaster Says Virus Variant Will Delay but Not Diminish U.S. Economic Growth Prospects

    Retrieved on: 
    Wednesday, September 1, 2021
    Economic forecasting, University of California, Los Angeles, University, USA, Gross domestic product, Growth, Pressure, GLOBE, Business, Family, USA Today, GDP, Travel, Economics, Federal Reserve Bank, Jack Zwerner, Perception, Federal Reserve, Economy, Treasury, Investment, Uncertainty, Federal Reserve Bank of Philadelphia, Safety, COVID-19, Accident, CPI, Fed, Tourism, Renewable energy, Security (finance)

    Once public health measures arrest the surge, consumer sentiment will improve, the service sector will reignite and growth will resume.

    Key Points: 
    • Once public health measures arrest the surge, consumer sentiment will improve, the service sector will reignite and growth will resume.
    • Rajeev Dhawan is director of the Economic Forecasting Center at Georgia State Universitys J. Mack Robinson College of Business.
    • He regularly contributes to national forecast surveys from the Federal Reserve Bank of Philadelphia, Blue Chip Indicators, and USA Today.
    • Dhawan, who holds the Zwerner Chair of Economic Forecasting, earned his doctorate in economics at the University of California, Los Angeles.

    Results of the ECB Survey of Professional Forecasters in the third quarter of 2021

    Retrieved on: 
    Sunday, July 25, 2021
    Economic forecasting, Macroeconomics, Economy, Economy of the European Union, Harmonised Index of Consumer Prices, Inflation, Survey of Professional Forecasters, Money

    23 July 2021

    Key Points: 
    • 23 July 2021

      In the ECB Survey of Professional Forecasters (SPF) for the third quarter of 2021, HICP inflation expectations stood at 1.9%, 1.5% and 1.5% for 2021, 2022 and 2023, respectively.

    • Compared with the previous round for the second quarter of 2021, these were revised upward by 0.3 percentage points for 2021, 0.2 percentage points for 2022 and 0.05 percentage points for 2023 (unchanged rounded to the first decimal point).
    • Longer-term inflation expectations for 2026 stood at 1.8%, revised up from 1.7% for 2025 in the previous round.
    • These expectations imply that economic activity will surpass its pre-pandemic level (fourth quarter of 2019) in the fourth quarter of 2021, one quarter earlier than previously expected.

    195 Country Macroeconomic Forecast Report 2021 - ResearchAndMarkets.com

    Retrieved on: 
    Friday, July 16, 2021
    Professional services, Finance, Economic forecasting, Macroeconomics

    The "195 Country Macroeconomic Forecast 2021" report has been added to ResearchAndMarkets.com's offering.

    Key Points: 
    • The "195 Country Macroeconomic Forecast 2021" report has been added to ResearchAndMarkets.com's offering.
    • The Macroeconomic Forecast projects the major macroeconomic variables of each of the established countries in the world over a 20 year period.
    • The macroeconomic forecast, as the name implies, seeks to answer the question: How is this country doing overall?
    • There are 31 variables calculated through the macroeconomic forecast.

    Business Executives’ Optimism about U.S. Economy Hits Three-Year High, AICPA Survey Finds

    Retrieved on: 
    Thursday, June 3, 2021
    Other Professional Services, Accounting, Professional services, Finance, Economic forecasting, Economy of the United States, Economic Outlook

    Business executives are predicting the economy will roar back in the coming year, with revenue and profit growth expectations not seen since 2018, according to the second-quarter AICPA Economic Outlook Survey .

    Key Points: 
    • Business executives are predicting the economy will roar back in the coming year, with revenue and profit growth expectations not seen since 2018, according to the second-quarter AICPA Economic Outlook Survey .
    • View the full release here: https://www.businesswire.com/news/home/20210603005163/en/
      12-month profit and revenue growth expectations, as projected by the quarterly AICPA Economic Outlook survey over time.
    • (Graphic: Business Wire)
      Seventy percent of business executives expressed optimism about the U.S. economy over the next 12 months, up from 47 percent last quarter, as government relief funds, vaccine rollouts and relaxed workplace restrictions have improved business conditions.
    • But we are clearly seeing growing confidence on the part of business executives that the worst is behind us.

    Results of the ECB Survey of Professional Forecasters in the second quarter of 2021

    Retrieved on: 
    Sunday, April 25, 2021
    Economic forecasting, Inflation, Economy, Macroeconomics, Economy of the United States, Survey of Professional Forecasters, Harmonised Index of Consumer Prices, SPF, Monetary inflation

    23 April 2021

    Key Points: 
    • 23 April 2021

      In the ECB Survey of Professional Forecasters (SPF) for the second quarter of 2021, HICP inflation expectations stood at 1.6%, 1.3% and 1.5% for 2021, 2022 and 2023, respectively.

    • Compared with the previous round for the first quarter of 2021, these were revised upward by 0.7 percentage points for 2021 but unchanged for 2022 and 2023.
    • Respondents reported that they considered the factors behind the upward revision for 2021 to be largely temporary.
    • Indicators of the uncertainty surrounding expectations for the main macroeconomic variables mostly eased somewhat but remained elevated by historical standards.