The Wilton Chamber of Commerce, in conjunction with the Wilton Library Association, proudly presents our 2022 Economic Forecast Meeting. This year’s meeting will be held in person at Wilton Library’s Brubeck Room on Tuesday, April 5.and from 5:30 p.m. to 6:30 p.m. and led by Peter Denious, President and CEORead More →
Annual Chamber of Commerce Economic Forecast Meeting with featured expert Peter Denious. the Wilton Chamber of Commerce in collaboration with the Wilton Library Associationwill hold its “2022 Economic Foresight Meeting” in person this year, at the Brubeck Room of the Wilton Library on Tuesday, April 5 from 5:30-6:30 p.m. ThisRead More →
Where will the economy go? Getty The economic outlook for 2022 and 2023 in the United States is good, although inflation will remain high and storm clouds will develop in the years to come. The war in Ukraine raged with uncertain results while this forecast was prepared. The war willRead More →
The University of Hawaii’s Economic Research Organization is optimistic about the state’s economic recovery from the COVID-19 pandemic, with improving labor market conditions and the expected return of international visitors. (Photo courtesy of University of Hawaii) A University of Hawaii organization is optimistic about the state’s economic recovery from theRead More →
Members of the Birmingham Bloomfield Chamber of Commerce gathered for the annual Economic Forecast Breakfast on February 16. Advertising BLOOMFIELD HILLS — Given all the strain on businesses from the pandemic, Americas Commercial Transportation Research Co. chief economist Paul Traub said the economy is still performing fairly well. “American workersRead More →
The pandemic has disrupted employment in the Worcester area, but better days are likely at hand, a panel of experts said at the WBJ Economic Forecast Forum webinar this morning. In the two years since the COVID-19 shutdowns in March 2020, the pandemic has undermined all aspects of the economyRead More →
CHATTANOOGA, Tenn.–(BUSINESS WIRE)–US Xpress Enterprises, Inc. (NYSE: USX) today released its economic forecast covering the first half of 2022, which highlights trends and updates specific to the logistics industry. Full and detailed forecasts are available on the company’s website. Four key themes have emerged for the first half of 2022:Read More →
Experts gathered in Thousand Oaks for the 30th annual economic outlook forecast on Friday, where they weighed in on the challenges facing Ventura County. Housing, labor migration and internet access are among the top factors impacting Ventura County’s economic future, according to a panel of local experts. The panel convenedRead 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 →
2022 promises to be another eventful year. We are confident that the economy will continue to grow above trend, the labor market will tighten and consumer spending will be robust. So what can we expect from the economic forecast for 2022? The Federal Reserve will have a great balancing actRead More →
(Story updated at 2:05 p.m.) Fueled by “extraordinary growth” in income, consumer spending and corporate profits, Minnesota is expected to have a budget surplus of $ 7.7 billion for the 2022-2023 biennium. This news was shared by Minnesota Management and Budget on Tuesday as part of its November 2021 budgetRead More →
(Story updated at 2:05 p.m.) Fueled by “extraordinary growth” in income, consumer spending and business profits, Minnesota is expected to have a budget surplus of $7.7 billion for the 2022-23 biennium. This news was shared Tuesday by Minnesota Management and Budget as part of its November 2021 budget and economicRead 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 →
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, one ofRead More →
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, the expansionRead More →
Employment is recovering from the sharp contraction induced by the pandemic, but it is still well below levels of early 2020. Can it fully recover in the coming year? What is the expected role of stimulus legislation on growth, employment and inflation? What are the prospects for the Arizona economy?Read More →
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 252,800 inRead More →
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 by UCRead More →
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 the reopening of the economy. Despite rising headwinds, the EU economy is expected to continueRead 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 →
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 yesterday inRead More →
People visit the Greenhills Shopping Center Night Market when it launches on November 4, 2021. The Night Market is one of the mall’s attractions for the upcoming Christmas season and will be open from 4 p.m. to 11 p.m., starting on November 4, 2021, until January 7, 2021. George Calvelo,Read More →
Ending COVID lockdowns should help the economy rebound. (Source: Getty) What awaits our economy now that we enter a COVID-normal world? Well, last week, in its quarterly statement on monetary policy, the Reserve Bank of Australia (RBA) gave its usual three scenarios. If the upside scenario is fulfilled, Australia willRead More →
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, in turn,Read More →
Newswise – Although COVID-19 continues to disrupt many aspects of life – including the economy – the South Bay area of California can look forward to continued economic growth and stability for the foreseeable future. This was just one of many positive predictions made by economists yesterday at the 7thRead More →
By Robyn Grant | NB Indy The Newport Beach Chamber of Commerce presented its signature annual event, Economic Forecast 2021, at the Balboa Bay Resort on Tuesday, October 5, to a sold-out ballroom filled with members of the business community hungry for information about the post-pandemic economy. Many VIPs wereRead More →
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 for RealRead More →
job September 28, 2021, 12:00 AM through Rudy romero “How did he come to this? After 18 months of a largely ineffective government policy of quarantines and lockdowns, two issues are at the forefront in the minds of Filipinos. The first question is: is the nation’s return to near-normality withinRead More →
“How did he come to this? After 18 months of a largely ineffective government policy of quarantines and lockdowns, two issues are at the forefront in the minds of the FIlipinos. The first question is: is the nation’s return to near-normality within reach? The second question is: will 2022 probablyRead More →
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American goods leaving Miami. (Photo by Joe Raedle / Getty Images) Getty Images Exports from the United States will increase at a slow pace in 2022, with improvement in 2023. Key factors will be the Covid-19 pandemic, the economic situation of our major trading partners and the trajectory of theRead 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 →
DENVER, CO (STL.News) Today, the state’s Planning and Budgeting Office released the June economic forecast showing the Colorado economy is rebounding. “The actual economic results so far this year are well above expectations. As long as this year ends on a strong note, there will be some great news onRead More →
Driver shortage, supply chain volatility and economic uncertainty present lingering challenges CHATTANOOGA, Tennessee, August 5, 2021– (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. Full and detailed forecasts areRead 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 →
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 →
The 5th Annual San Bernardino County Economic Forecast Conference will be held on Thursday, June 24. This in-person event, which is presented by the Inland Empire Regional Chamber of Commerce, will take place from 2:30 p.m. to 5:30 p.m. at the Enterprise Building, 320 N. E Street in San Bernardino.Read More →
New Zealand house prices are unlikely to fall over the next year, but price growth will slow, according to the ASB in its quarterly economic forecast released on Friday. After gaining 27% last year, house prices are expected to rise 10% by the end of this year and 5% byRead More →
A faster than expected rollout of the vaccine led ATB Financial to raise its economic forecast for Alberta. The financial institution and state-owned company said Thursday they now forecast economic growth of 5.0% for the year, down from 4.1% just three months ago. The main factors behind the more optimisticRead 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 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 →
Consistent with its previous edition released in January, the Institute for Supply Management (ISM) Spring 2021 Semi-Annual Economic Forecast, which was released this week, continues to point to continued economic growth through the end of 2021. The data in this report is based on feedback from U.S.-based purchasing and supplyRead More →
The United Nations responded to the rebound in the Chinese and US economies on Tuesday by revising its global economic forecast upward to 5.4% growth for 2021, but it warned that the surge in COVID-19 cases and insufficient availability of vaccines in many countries threaten a broad recovery base. ByRead More →
The United Nations responded to the rebound in the Chinese and US economies on Tuesday by revising its global economic forecast upward to 5.4% growth for 2021, but it warned that the surge in COVID-19 cases and insufficient availability of vaccines in many countries threaten a widespread recovery. By increasingRead More →
CAMEROON – The United Nations reacted to the rebound in the Chinese and American economies on Tuesday by revising its global economic forecast upwards to 5.4% growth for 2021, but warned that the surge in COVID-19 cases and insufficient availability of vaccines in many countries threaten a broad base recovery.Read 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 →
The General Assembly is reviewing the Strategy and considering adopting a resolution on this occasion, the UN agency said. The United Nations responded to the rebound in the Chinese and US economies on Tuesday by revising its global economic forecast upward to 5.4% growth for 2021, but it warned thatRead 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 →
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 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 →
Monday February 22, 2021, 9:22 a.m.Press release: ASB Bank The forecast for rising interest rates was brought forward 12 months in ASB’s latest quarterly economic forecast. Chief Economist Nick Tuffley now expects the RBNZ to start raising OCR from its current level of 0.25% as early as August next year.Read 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 →
ANKARA The EU’s gross domestic product (GDP) is expected to grow 3.7% in 2021 and 3.9% in 2022, according to the European Commission’s winter economic forecast released on Thursday. In its regular economic forecast for the European Union of 27 and the 19 countries using the euro, the EU executiveRead More →
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 by midRead More →
[Stay on top of transportation news: Get TTNews in your inbox.] On January 20, US Xpress Enterprises CEO Eric Fuller detailed the findings of an economic report his company released on the trucking industry. The US Xpress 2021 economic forecast has highlighted several major trends for the coming year. TheRead 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 →
GRAND RAPIDS, Mich. (WOOD) – Most of the western Michigan economy could return to pre-pandemic levels by 2022, but it will likely take longer for restaurants, bars, places of art and entertainment, according to an economist. Professor Paul Isely, Ph.D., of Seidman College of Business at Grand Valley State University,Read 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 →
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 →
EL PASO, Texas – The Border Region Modeling Project (BRMP) at the University of Texas at El Paso has 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 firstRead More →
The outlook continues to be clouded by COVID-19, but a team of economists at the University of Michigan sees encouraging signs that could bring economic life back to near normal by the end of 2021. However, a lot will depend on how easily a vaccine will be available by nextRead 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 →
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New cases of Covid-19 Dr Bill Conerly from data compiled by USAFacts.org The United States is in a third wave of Covid-19 cases. The first caused the economy to fall sharply, the second probably delayed the economic recovery, but what about the current surge? Most likely, spending and employment willRead More →
With 5G becoming more common, it will increase global gross domestic product (GDP) by $ 8 trillion by 2030, according to a 5G economic forecast from Nokia. A $ 4.5 trillion investment in 5G and related technologies will support this growth, the researchers said. Nokia uses the term “5G +”Read More →
The U.S. economy is rebounding rapidly from the severe and unprecedented slowdown caused by the pandemic that began earlier this year, according to new economic forecasts released today in 11th Annual Inland Empire Economic Forecasting Conference. Despite the alarming and record-breaking decline in economic output in Q2 and the lingeringRead 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 →
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Update: I released a new economic forecasts April 6, 2020. Last week’s economic forecast is out of date and no one can be sure what the future holds. Because everyone is asking, here are my thoughts on the economic implications of the COVID-19 pandemic. You can consult the webinar onRead 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 →
Winter 2018 interim economic forecast: solid and sustainable expansion Eurozone and EU growth rates exceeded expectations last year as the transition from economic recovery to expansion continues. Both the euro area and EU economies are estimated to have grown by 2.4% in 2017, the fastest pace in a decade. ThisRead More →
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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 →