The Oregon Capitol rotunda in January 2022 (Ron Cooper/Oregon Capital Chronicle) Higher wages for workers and more income for businesses lead to higher state tax revenues, creating the prospect of even bigger government spending and then appropriations in two years for those who pay income taxes, state economists announced onRead More →

Higher wages for workers and more income for businesses lead to higher state tax revenues, creating the prospect of even bigger government spending and then appropriations in two years for those who pay income taxes, state economists announced on Wednesday. Economists have described a robust Oregon economy that they sayRead More →

Oregon’s February economic forecast adds nearly $800 million to the state’s projected revenue for the current biennium. SALEM, Ore. — Oregon’s February economic forecast from the State Bureau of Economic Analysis includes a substantial windfall in state revenue, revising projected General Fund revenue for the 2021-23 fiscal year to upRead More →

The Greater Los Angeles industrial market has undoubtedly seen a remarkable change over the past year. Strong fundamentals, including occupancy gains and construction activity, reached astronomical highs, and many Southwest regional markets posted historically low vacancy rates. As a result, Los Angeles remains one of seven markets with robust absorptionRead More →

(The Center Square) – Pennsylvania’s Independent Fiscal Office (IFO) released an updated economic forecast for fiscal year 2021-22 that shows higher-than-expected revenues, driven by stronger wages and inflation . The IFO’s mid-year update for fiscal year 2021-22 showed that general fund revenue was adjusted upward from nearly $42 billion toRead More →

(The Center Square) – Pennsylvania’s Independent Fiscal Office (IFO) released an updated economic forecast for fiscal year 2021-22 that shows higher-than-expected revenues, driven by stronger wages and inflation . The IFO’s mid-year update for fiscal year 2021-22 showed that general fund revenue was adjusted upward by nearly $42 billion toRead 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 real estate and mortgage markets. Duncan also oversees strategic research regarding the potential impact ofRead More →

Despite the government’s assertion that the country’s economy will grow by at least 6% in the current fiscal year, the World Bank’s latest Global Economic Prospects report predicts that Nepal’s economy will only grow than 3.9%. The World Bank established its forecasts on the basis of two major criteria: “betterRead 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 real estate and mortgage markets. Duncan also oversees strategic research regarding the potential impact ofRead More →

[ad_1] WASHINGTON, DC – A new national report outlines the potential path for economic recovery this year as the pandemic continues for a third year. The group of economists and scientists say the recovery will be driven by several recent trends, including supply chain disruptions, increased household savings and growthRead More →

WASHINGTON — A new national report outlines the potential path for economic recovery this year as the pandemic continues for a third year. The group of economists and scientists says the recovery will be driven by several recent trends, including supply chain disruptions, rising household savings and growth in onlineRead More →

[ad_1] Dubow’s worries are an allegory of cross-currents lashing an economy in recovery, but still disrupted by COVID, haunted by labor unrest, supply chain bottlenecks and consumers pessimistic but spendthrift. Inflation is at a four-decade high, workers are quitting in record numbers, and COVID introduces another wild card: the omicronRead More →

[ad_1] Scenarios Baseline (60%): Growth resumes in late 2021 and early 2022 as the impact of COVID-19 eases. Households continue to increase their spending to meet pent-up demand for services such as entertainment and travel. However, spending on durable goods is stagnating as consumers revert to pre-pandemic models. Business investmentRead More →

[ad_1] The reasons for the rapid recovery revolve around three factors, said Dupont. These factors are the resilience of employers and workers and the ability to reorganize work; rapid delivery and generally good uptake of vaccines for advanced economies in particular, with eight billion doses already administered worldwide; and theRead More →

[ad_1] Greater San Marcos Partnership Chairman Jason Giulietti told a crowd gathered for the 2021 Texas Innovation Corridor Economic Outlook that the Hays and Caldwell County region is enjoying unprecedented success. Giulietti highlighted the region’s rapid growth, citing Hays County as the fastest growing county in the country, along withRead More →

[ad_1] It took 19 months, but employment at companies in the Jacksonville area finally returned to pre-pandemic levels in September. While COVID-19 remains a threat to the economy, the outlook for 2022 is brighter for Northeast Florida. “Jacksonville’s recovery is on the fast track,” said Abbey Omodunbi, senior economist atRead More →

Economic activity in Colorado has rebounded to its pre-pandemic peak in September 2021 and the economy is expected to continue to expand, according to a new quarterly report released by the restored Colorado Futures Center of the Colorado State University System. The new forecast, called ColoradoCast, is a short-term (six-month)Read More →

[ad_1] SYDNEY: Australia will update its economic forecast for next year during the mid-year budget update, Treasurer Josh Frydenberg said. “The market is coming back strongly,” Frydenberg said on the national broadcaster’s “Insiders” program. “This is because we now have one of the highest vaccination rates in the world, oneRead More →

[ad_1] SALISBURY, Md- Business executives and government officials met at Salisbury University’s Purdue School of Business on Friday for the South Delmarva 2022 economic forecast, expressing cautious optimism and highlighting the growth driven by investments. Speakers at the conference spoke of the region’s top 3 challenges, affordable child care, theRead More →

[ad_1] Spokane County has mostly recovered from job losses from the pandemic, but future job growth will depend on a continued influx of new residents, according to a local economist. Non-farm employment in the metropolitan statistical area of ​​Spokane – which includes Pend Oreille and Stevens counties – was 252,800Read More →

[ad_1] From a demand perspective, the US economy has fully recovered from the pandemic recession. And production, although not yet there, will return to its long-term trend in the near future. That, according to a new forecast published yesterday in the 12th Annual Inland Empire Economic Forecasting Conference, hosted byRead More →

(Credit: Unsplash) This article is brought to you in association with the European Commission. The EU economy is recovering from the pandemic recession faster than expected. As vaccination campaigns progressed and restrictions began to be lifted, growth resumed in the spring and continued unabated through the summer, supported by theRead More →

[ad_1] RIVERSIDE, California, November 11, 2021 / PRNewswire / – (www.ucr.edu) – From a demand perspective, the US economy has fully recovered from the pandemic recession. And production, although not yet there, will return to its long-term trend in the near future. That, according to a new forecast published yesterdayRead More →

[ad_1] INDIANAPOLIS – Economists at the Kelley School of Business at Indiana University expect the economies of the United States and Indiana to remain somewhat resilient in the face of the challenges presented by COVID-19 and the supply chain issues, but labor shortages will continue to be a major concernRead More →

[ad_1] WASHINGTON – If you find the current economy a little confusing, don’t worry: so do the country’s top economic official, Federal Reserve Chairman Jerome Powell. In a long-awaited press conference on Wednesday, Powell said the Fed was sticking to its fundamental economic forecast: COVID-19 will eventually subside, which, inRead More →

[ad_1] AddControlToContainer_DynamicNavigation5 Tuesday, December 7 at 2 p.m. ET Get ready for the new year with Michael Fratantoni, Mortgage Bankers Association (MBA) chief economist, senior vice president of research and industrial technology. For years, Fratantoni has provided economic information on the mortgage and housing market. Register today to hear hisRead More →

[ad_1] Michel fratantoniChief Economist, Senior Vice President of Industry Research and TechnologyMortgage Bankers Association Michael Fratantoni is MBA Chief Economist and Senior Vice President of Research and Industrial Technology. In this role, he is responsible for overseeing MBA industry surveys and benchmarking, forecasting economic and mortgage set-ups, industry technology efforts,Read More →

[ad_1] “The non-residential construction backlog fell for a second consecutive month as skills and input shortages hit the industry,” said Anirban Basu, chief economist at Associated Builders and Contractors. “A growing number of contractors are reporting shortages of materials such as copper and PVC pipe. “ The construction order bookRead More →

[ad_1] From left to right: Lee Menifee, Managing Director, PGIM Real Estate; Tom Errath, Managing Director, Harrison Street; and Ben Breslau, Managing Director of JLL Americas Research, speaking at the ULI 2021 Fall Meeting. In the video to the right is Dr. Kenneth Rose, President of the Fisher Center forRead More →

[ad_1] As the Elizabeth City State University Regional Economic Summit approaches on October 14, Economics Professor in the Department of Sports Business, Accounting and Management, Dr Kingsley Nwala, is putting together the final elements of a regional economic forecasting together for a presentation that will help as a catalyst forRead More →

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 →

[ad_1] 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 isRead More →

[ad_1] 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,Read More →

[ad_1] 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 BarbaraRead More →

[ad_1] 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 wouldRead More →

[ad_1] 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 weRead More →

[ad_1] 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.Read More →

[ad_1] 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. HeRead 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 →

[ad_1] (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 theRead More →

[ad_1] 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’sRead More →

[ad_1] 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 forRead More →

[ad_1] 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 wasRead More →

[ad_1] 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 forRead More →

[ad_1] (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. ThisRead More →

[ad_1] 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 secondRead More →

[ad_1] 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 toRead More →

[ad_1] 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 recoverRead More →

[ad_1] 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, theRead More →

[ad_1] 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 sheRead More →

[ad_1] 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 partiesRead More →

[ad_1] 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, orRead More →

[ad_1] 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.Read More →

[ad_1] 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 acrossRead More →

[ad_1] (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 reintroduceRead More →

[ad_1] 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 externalRead More →

[ad_1] 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 externalRead More →

[ad_1] Posted: Jan 28, 2021 / 12:58 PM EST / Update: Jan 28, 2021 / 12:58 PM EST SYRACUSE, NY (WSYR-TV) – The CEO of CenterState released his take on the region’s economic climate on Thursday. Regional business leaders and economic experts predict strong chances of an economic recovery byRead More →