Colorado’s economic recovery from the coronavirus crisis remains strong, although there have recently been speed bumps caused by the spread of the more contagious delta variant, and supply chain issues and labor shortages artwork. “We are seeing growing headwinds,” Elizabeth Ramey, senior economist for the nonpartisan Colorado Legislative Council, toldRead More →

By Brenna Hughes Neghaiwi ZURICH (Reuters) – The Swiss economy is expected to grow 3.2% this year, the government said on Thursday, lowering its outlook for the full year as a less sunny global situation limited Switzerland’s recovery. “The economic recovery should continue as expected, even if growth is initiallyRead More →

Kallas said: “The sufficiently large and well-targeted Supplementary Budget, compiled quickly this spring, played an important role in this, providing the necessary support to businesses and residents hardest hit. “This has mitigated the setbacks and created the preconditions for a rapid recovery under improved epidemiological conditions. As a result, EstoniaRead More →

Local health authorities and UC Santa Barbara Economic Forecast Project teamed up for a virtual webinar Thursday to explain the health and economic state of Santa Barbara County nearly 19 months in the coronavirus pandemic. Pierre Rupert, Executive Director of the Economic Forecast Project, was joined by Santa Barbara CountyRead More →

Debt, both public and commercial, is exploding in the United States and internationally. Interest rates are kept low by central banks. The governments of the United States and southern Europe cannot afford higher national debt rates. Neither can the private financial system of the developed world. One effect would beRead More →

CHATTANOOGA, Tennessee – (COMMERCIAL THREAD) –US Xpress Enterprises, Inc. (NYSE: USX) today released its economic forecast for the third quarter of 2021, highlighting various trends and updates specific to the trucking industry. Complete and detailed forecasts are available on the website corporate blog. Three key themes to which we payRead More →

Florida economists assessing the state’s tourism, housing and labor sectors say the measures add to a post-pandemic economy poised for a boom. But, they warned, it could go bankrupt if COVID-19 positivity and hospitalizations are not quelled, labor shortages do not dissipate and new housing inventories are not increased. InRead More →

The Philippine government’s latest macroeconomic growth forecast at this point is just propaganda that is unlikely to come true, economic think tank IBON Foundation said on Wednesday. According to IBON Foundation Executive Director Sonny Africa, the assertion of the latest economic estimates ignores the realities people face today. He saidRead More →

Patty Silverstein On July 14, CREW Denver held its mid-year economic forecast and happy hour at the University of Denver’s Knoebel Events Center. Patty Silverstein, President and Chief Economist of Developmental Research Partners, told him economic provide for 2021 which included commercial real estate and construction industry trends. Silverstein sharedRead More →

(Credit: Unsplash) This article is presented to you in association with the European Commission. The European economy is expected to rebound faster than expected, as activity in the first quarter of the year exceeded expectations and the improvement in the health situation led to a faster easing of the restrictionsRead More →

June 25, 2021 ASU economics and tourism experts speak While the Phoenix Metro isn’t always a top destination during Arizona’s hot summer months, the state’s coolest destinations are, like the Grand Canyon, ranked third by US News and World Report’s “Best Family Summer Vacations” List. But despite the valley’s highRead More →

Most of Louisiana’s major metropolitan areas failed to meet their employment forecasts for the first quarter of 2021, but a new economic forecast shows reason to be optimistic about future growth. The University of Louisiana at BI Moody III College of Business in Lafayette released its economic forecast for theRead More →

The Urban Land Institute (ULI) recently published its latest Real estate economic forecasts, which predicts that real estate is about to rebound, especially in the single-family housing sector. The report includes responses from 42 interviewed economists and analysts from 39 real estate organizations. “While the fall 2020 forecast was notableRead More →

The Urban Land Institute (ULI) recently released its half-yearly economic forecast. It has a more positive outlook for the economy and for the multi-family housing industry than their last forecast 6 months ago. The report combined individual forecasts from 42 economists and analysts into a consensus economic forecast for theRead More →

(Credit: Unsplash) This article is presented to you in association with the European Commission. The spring 2021 economic forecast projects the EU economy to grow 4.2% in 2021 and 4.4% in 2022. The euro area economy is expected to grow by 4.3% this year and 4.4% next year. This representsRead More →

CHATTANOOGA, Tennessee – (COMMERCIAL THREAD) –US Xpress Enterprises, Inc. (NYSE: USX) today released its economic forecast for the second quarter of 2021, highlighting various trends and updates specific to the trucking industry. Full and detailed forecasts are available on the corporate blog. Four key insights coming into the second quarterRead More →

DANSKE Bank offered a more optimistic forecast for the northern economy thanks to the success of the Covid-19 vaccination program, predicting that economic activity will return to pre-pandemic levels in the second half of 2022. Northern Ireland’s largest lender has said that while he believes the economy continued to contractRead More →

The International Monetary Fund raised its global economic forecast for the second time this year following faster vaccination campaigns against Covid-19 and fiscal and monetary support provided by governments and central banks, but it put in guard policymakers against wider income gaps and uneven recovery as richer countries recover fromRead More →

The Federal Reserve on Wednesday raised its forecast for 2021 gross domestic product by more than 50% from its December estimate while keeping interest rates stable. GDP is now expected to grow 6.5% in 2021 before slowing in the following years, according to the Federal Open Market Committee, the centralRead More →

The Organization for Economic Cooperation (OECD) on Tuesday cautiously revised its global economic forecast for 2021, citing vaccine deployments and the US stimulus package adopted last week as positive signs. At a virtual press conference at the organization’s headquarters in Paris, OECD chief economist Laurence Boone told reporters she expectsRead More →

As vaccine rollout intensifies, there is hope and optimism that the region’s second-largest school district can open in a matter of weeks; we are discussing with the principal of the unified school district of the city of sacramento and the teachers’ union of the proximity of the two parties toRead More →

Illinois’ economy will recover soon, but the economic woes that plagued the state before COVID-19 will slow that recovery and increase the risk of further problems, according to a Moody’s Analytics report released on Wednesday. The report prepared for the General Assembly’s Committee on Government Forecasts and Accountability, or COGFA,Read More →

The recurring waves of the COVID-19 pandemic in various countries, including Thailand, will directly slow the pace of Thailand’s economic recovery in 2021. As such, EIC revises Thailand’s GDP forecast to 2.2% for the reasons following: The recovery in foreign tourist arrivals is expected to be slower than expected. AlthoughRead More →

Europe remains in the grip of the coronavirus pandemic. The upsurge in the number of cases, combined with the appearance of new, more contagious strains of the coronavirus, has forced many Member States to reintroduce or tighten containment measures. At the same time, the launch of vaccination programs across theRead More →

(Credit: Unsplash) This article is presented to you in association with the European Commission. Europe remains in the grip of the coronavirus pandemic. The upsurge in the number of cases, combined with the appearance of new, more contagious strains of the coronavirus, has forced many Member States to reintroduce orRead More →

Douglas G. DuncanSenior Vice-President and Chief EconomistFannie Mae Douglas G. Duncan is Senior Vice President and Chief Economist at Fannie Mae, where he is responsible for forecasting and analysis of the economy and the housing and mortgage markets. Duncan also oversees strategic research regarding the potential impact of external factorsRead More →

Douglas G. DuncanSenior Vice-President and Chief EconomistFannie Mae Douglas G. Duncan is Senior Vice President and Chief Economist at Fannie Mae, where he is responsible for forecasting and analysis of the economy and the housing and mortgage markets. Duncan also oversees strategic research regarding the potential impact of external factorsRead More →

A leading bank has downgraded its forecast for Icelandic unemployment and public investment levels, although its forecast for national economic growth remains unchanged. Íslandsbanki has just released its first financial forecast report since last September and attributes the most pessimistic outlook to the lingering pandemic resulting in slower economic recovery.Read More →

CHATTANOOGA, Tennessee – (COMMERCIAL THREAD) –US Xpress Enterprises, Inc. (NYSE: USX) today released its economic forecast for 2021, highlighting various trends and updates specific to the trucking industry. Full and detailed forecasts are available on the corporate blog. Four key ideas include: Fewer drivers and more stimulus funds will continueRead More →

The College of Business at the University of Nevada, Reno, will host Vision 2021: Nevada’s economic forecast Friday, January 22, 2021, as part of the College’s ongoing efforts to support the economic development and growth of the state’s economy. “The ongoing COVID-19 pandemic has impacted Nevada’s economy in several unprecedentedRead More →

Society: Susan Goldstein has facilitated transactions in Sarasota and Manatee counties for over 15 years, totaling over $ 100 million. In the Sarasota area, an influx of new residents from other parts of the country is driving some commercial real estate activity. “Basically the economy is that new residents needRead More →

Suffolk is expected to complete the Tampa Edition Hotel & Residences, a 27-story condo and hotel tower that is part of Strategic Property Partners’ $ 3 billion Water Street Tampa, in 2021. Society: Suffolk Construction Co., a Boston-based national builder with a strong presence in southwest Florida and the GulfRead More →

When economists made their forecast for 2020 12 months ago, no one could have seen what was to come. The first cases of COVID-19 were detected in December 2019 in China and it will be months before people realize the impact it would have on the global economy. Jacksonville feltRead More →

On Tuesday afternoon, the Border Region Modeling Project (BRMP) at the University of Texas at El Paso released long-term projections for demographics, labor markets, business activity, economic performance and more in the region in “Long-term economic trends from Borderplex to 2049”. The new report is the first long-term economic forecastRead More →

GDP will experience an impressive recovery in FY22, with 13% growth based on weak base and vaccine benefits, Goldman Sachs said in a report. MUMBAI: Foreign brokerage firm Goldman Sachs on Tuesday raised its forecast for India’s GDP to contract 10.3 percent in FY21, from an earlier estimate of negativeRead More →

The central coast economic forecast has been hosted virtually this year and most of the discussion has revolved around the economic impacts caused by the pandemic at the national and local levels. Christopher Thornberg, Dr Taner Osman and Adam Fowler of Beacon Economics led the discussion. Thornberg, the founder ofRead More →

After sharply reducing India’s economic growth forecast to a contraction of 14.3% just two months ago, US brokerage firm Goldman Sachs revised its estimates upward to -10.3% on Tuesday in 2020-21 following the announcement of effective vaccines that could allow containment and mobility policies. . He also predicted that India’sRead More →

RICHMOND, Ind. – Last year, Indiana University’s annual panel of business experts predicted good economic news coming in 2020 around the world. Of course, that was before the birth of COVID-19. “A microscopic virus has entered the picture, and instead of growing economic activity, we are experiencing a global recessionRead More →

California’s labor market, which was at its best in February, appears to be years away from returning to the heights it enjoyed before the coronavirus triggered vast economic woes, according to a forecast released Wednesday. The UCLA Anderson Forecast outlook suggests that California’s pre-coronavirus economic boom will not reappear forRead More →

Recent developments in the course of the Covid-19 pandemic could force the Spanish government to update its economic forecasts. While a May projection that Madrid sent to Brussels predicted a 9.2% drop in economic output in 2020, the Bank of Spain on Wednesday released a more pessimistic outlook that placesRead More →

LAFAYETTE, Louisiana – The University of Louisiana at Lafayette’s College of Business released its quarterly report Louisiana Economic Activity Forecast this shows how much economic activity has declined in the first half of 2020 due to the COVID-19 pandemic. Forecasts indicate that economic activity should pick up in the secondRead More →

In summary Are the Newsom administration’s dismal recession forecasts a reasonable outlier – or “grossly negative” and a “poker bluff” to increase the pressure for federal government financial aid? Ten in ten economists agree: COVID-19 is absolutely ugly for the California economy. Forecasters across the state analyzed the numbers andRead More →

Patricia silversteinPresident and Chief Economist, Development research partners Is our vision crystal clear or clouded by conflicting information in 2020? Slowing growth in China and other key trading partners, tariff and trade disputes, market disruptions from COVID-19 and geopolitical concerns around the world mean a high degree of uncertainty inRead More →

By Katie Rapone, Editor-in-Chief of Mile High CRE Thursday January 16, SMPS Colorado held their 2020 Economic Forecast luncheon at a modern new location, the Kimpton Hotel Born in downtown Denver. Industry experts discussed the economic, labor, real estate and global trends that will shape our economy and the constructionRead More →

10th Annual Inland Empire Economic Forecasting Conference: Housing remains the greatest immediate and longer term challenge; Despite some impacts of the trade war and the consternation of the yield curve, neither will lead to a slowdown in 2020. Riverside, California – Operating at “full employment” and with an unemployment rateRead More →

Thursday, Portland State University Northwest Economic Research Center released its economic forecast for 2019. The report took a top-down approach to Oregon’s economy, examining a range of national and statewide trends, as well as factors specific to the metro area of Portland. “Portland MSA Economic and Population Outlook,” written byRead More →

The global economy is poised for economic growth comparable to that of recent years, but with a somewhat different texture. European countries will do a little better, Asian countries just a little worse, and natural resource-based economies much worse. Last month, the International Monetary Fund released its World Economic Outlook,Read More →