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For 70 Years, the UCLA Anderson Forecast has predicted the future of the economy. Jerry Nickelsburg tells us what's in store.
On this episode, we are joined by Dr. Leo Feler, an Economist with the UCLA Anderson Forecast for an economic outlook for 2022. Dr. Feler produces the UCLA Anderson Forecast U.S. macroeconomic forecast. He is an accomplished economist who received his Ph.D. in economics from Brown University; his M.A. in international policy from Stanford University; and his B.A. in economics and international relations from Stanford University. His update includes the GDP, inflation, unemployment, manufacturing, housing trends, tourism and more. His insight into markets across the country provides a helpful tool for local governments to understand what these economic indicators mean for them.
Today's focus is good news on our economic recovery plus a look in-depth at the national real estate marketplace (particularly REIT's). Link to the UCLA Anderson Forecast video: https://www.Youtube.com/watch?v=VkPYhht2aws Link to the Hoya Capital REIT article: https://seekingalpha.com/article/4432330-apartment-reits-happy-landlords-unhappy-renters
Hundreds of thousands of out of work Californians are stuck with frozen accounts, and without desperately-needed unemployment benefits after being flagged for fraud by the state’s Employment Development Department. But a bill that could protect innocent people snagged by EDD’s "freeze first, verify later" policy has passed through the state Assembly. Reporter: Mary Franklin Harvin, The California Report Economists in California continue to paint a rosy picture for pandemic recovery. The latest UCLA Anderson Forecast finds that a driving force for an economic recovery will likely be a pent-up demand for leisure and hospitality, but those industries have been struggling to hire workers. Guest: Scott Satterfield, General Manager of Hotel Trio in Healdsburg During the Trump presidency, California and Washington DC were locked in a bitter battle over the regulation of vehicle emissions and whether the state had the authority to cut pollution from cars and trucks. Now, the state wants control back, and the Biden administration seems willing to allow it. Reporter: Ezra David Romero, KQED Federal legislation introduced by Bay Area Congresswoman Zoe Lofgren would loosen a decades-old system that puts an annual limit on the share of legal immigrants admitted from any one country. Reporter: Michelle Wiley, KQED A bill to offer food assistance benefits to undocumented immigrants is gaining momentum in the state legislature. Advocates say it could benefit up to a million Californians who don’t qualify for federally-funded CalFresh food stamps. Reporter: Tyche Hendricks, KQED Mental health services for California children could get a boost under Governor Gavin Newsom’s most recent budget proposal. Health and social service providers say the funding is needed as the state’s youngest residents struggle with mental health challenges created during the pandemic. Reporter: Sammy Caiola, CapRadio
As the nation begins to recover from the COVID-19 pandemic, jurisdictions across the country are assessing the impacts. Understanding the unique impacts of the pandemic on different revenue streams is key to building accurate forecasts. In this episode, we talk with Dr. Leila Bengali, an Economist at the UCLA Anderson Forecast, and Fran Mancia, Avenu's VP of Government Relations. Together, they bring years of insight into what California's future tax situation has in-store. In this episode we cover: • Sales tax and property tax trends in 2021 • The landscape for local governments • What societal changes may carry over from the pandemic and impact future revenue • Tactics jurisdictions can take to prepare for a post-COVID world This discussion was taken from our show Local Government Insights: Modernizing Government Leadership. If you want to hear more episodes like this one, check us out on Apple Podcasts. If you don't use Apple Podcasts, you can find every episode here. Listening on a desktop & can't see the links? Just search for Local Government Insights in your favorite podcast player.
This special episode of the Capitol Weekly Podcast was recorded live on February 25 at a panel discussion hosted by Capitol Weekly: The Future of Work, Impact of Proposition 22. After a hard-fought battle at the ballot box, Proposition 22 is law. But, questions remain, the first of which is: does it stand up to the current court challenge? How will 22 impact unions? What other industries may turn to gig work? And, what does a new, pro-labor administration in the White House mean for California? Panelists Leo Feler, UCLA Anderson Forecast; Tom Hiltachk, Bell, McAndrews & Hiltachk; and Nicole Moore, Rideshare Drivers United Moderated by Rich Ehisen, State Net Capitol Journal
The recovery in jobs is slow and erratic as well as extreme (the good and the not so good). Overall economic patterns add risks to our economy, inflation, volatility, and the U.S. dollar but, all in, the UCLA Anderson Forecast expects impressive real growth after some dismal near-term months.
The director of the UCLA Anderson Forecast, Jerry Nickelsburg, talks with Warren Olney about how they forge ahead with predictions in a time of sheer unpredictability.
The globally recognized UCLA Anderson Forecasts just completed their analysis of the U.S., California, and Los Angeles economies/jobs. In this episode, we’ll share some of their key expectations for the recovery as well as long-term job issues for key industries.
Several days ago, the UCLA Anderson Forecast undertook a comprehensive evaluation of what we know and think we know about the recession/depression recovery phase. This Podcast includes specific industries and jobs focusing on Southern California in addition to the national economy. Additionally, we are going to run our no-cost course, “The 2020 Panic – What’s Next: Navigating Panics, Recessions, and Recoveries!”, again starting July 10. If you weren’t able to take it last time, now is a good time to attend! Enroll at uclaextension.edu or by clicking this link: https://www.uclaextension.edu/business-management/leadership-management/course/2020-panic-whats-next-navigating-panics-recessions?utm_source=soundcloud&utm_medium=podcastads&utm_campaign=+20su+bmlp+roger++p
On Wednesday, June 24, the latest UCLA Anderson Forecast predicted a difficult economic future for California and reported that the U.S. economy is in a "Depression-like crisis." What does this mean for California’s pressing long-term problems, especially housing? Could this depression offer opportunities to make housing more affordable in an expensive state? Jerry Nickelsburg, economist and director of the UCLA Anderson Forecast, visited Zócalo with Erika Aguilar, director of podcasts at KQED, to explore what a post-COVID economy means for California communities. This discussion streamed live on Twitter on Tuesday, June 30, 2020. Visit www.zocalopublicsquare.org to read our articles and learn about upcoming events. Twitter: twitter.com/thepublicsquare Instagram: www.instagram.com/thepublicsquare/ Facebook: www.facebook.com/zocalopublicsquare
“Economists have predicted nine out of the last five recessions,” Nobel-winning economist Paul Samuelson famously joked. But recessions do eventually arrive, and when the next one hits, the United States may not be well-positioned to fight back. Instead of building up surpluses that could stimulate the economy in a downturn, the federal government has cut taxes and run up trillion-dollar annual deficits and a $21 trillion national debt. The Federal Reserve is still unwinding the actions it took to battle the Great Recession. And most Americans are unprepared for bad times, with only half saying they could come up with $400 in an emergency. How would Americans, their companies, and their many levels of government respond to a new economic downturn? Are U.S. social safety net programs up to the challenges of another recession? Could Americans overcome widening inequality and bitter political stalemates to take decisive action if the economy goes south again? UCLA Anderson Forecast director Jerry Nickelsburg, UC Riverside economist Gloria Gonzalez-Rivera, and UCLA Anderson economist and statistician Ed Leamer visited Zócalo to gauge the country’s readiness for recession. The Zócalo/UCLA Anderson School of Management Event, moderated by Los Angeles Business Journal managing editor Erica E. Phillips, took place at The RedZone at Gensler.
With all the current debate about immigration policy we decided it was great time to repost this episode from January 2017. Economist Jerry Nickelsburg, Director of the UCLA Anderson Forecast guides us through the weeds explaining not only agriculture's huge reliance on undocumented migrants to work the fields, why undocumented workers actually benefit the US Treasury (hint: more than half pay income tax, yes, income tax) and the surprising outcome of laws in Georgia and Alabama the eliminated migrant laborers from the fields.
In this episode we ask Jerry Nickelsburg, Director of The UCLA Anderson Forecast and economics professor about how legal weed is likely to impact California. In addition to macro economic trends, our favorite professor talks about whether the end of prohibition in the 1920's offers insights, how sales of beer wine and spirits have fared after marijuana legalization in Colorado, growth in jobs, cannabis tourism and how lack of nationwide legalization will impact the development of a new above ground marketplace for all things weed.
Dr. Edward Leamer, Director of the UCLA Anderson Forecast and Chief Economist of the Ceridian-UCLA Pulse of Commerce Index-Moe talks about the Ceridian-UCLA Pulse of Commerce Index.
-Moe wraps up the week by giving a detailed overview of the UCLA Anderson National Forecast report.
Dr. Edward Leamer, Director of the UCLA Anderson Forecast. Dr. Edward Leamer talks about the UCLA Anderson forecast for 2011 which calls for modest economic growth that will gradually lower the unemployment rate.
Economists with the closely-watched UCLA Anderson Forecast say the state's unemployment rate isn't likely to dip below 10 percent for another two years.
Dr. Edward Leamer, Director of the UCLA Anderson Forecast and Chief Economist of the Ceridian-UCLA Pulse of Commerce Index. -Dr. Edward Leamer talks about the two-month consecutive decline of the Ceridian-UCLA index activity.
Dr. Edward Leamer, director of UCLA Anderson Forecast talks about finding accurate data- What are the best index's to look at when planning your retirement?