Kochi: Kerala’s economic growth has declined sharply following the financial crisis caused by the COVID-19 pandemic. The state’s domestic product has shrunk by -9.2% in the financial year 2020-21, the economic review tabled in the Kerala legislature on Friday ahead of the presentation of the state budget shows. (State DomesticRead 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 →

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 investment continuesRead More →

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 with anRead More →

Los Angeles County’s economy is by far the largest in Southern California, but the Inland Empire is leading population and employment growth due to falling house prices and growing demand for warehouse workers amid the boom in e-commerce. These revelations are included in the latest UCLA Anderson forecast released earlyRead 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 →

(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 →

“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 book indicatorRead More →

Shipping containers are seen at the port of Bayonne, New Jersey, United States, August 21, 2021. REUTERS / Andrew Kelly The consumer confidence index fell 5.9 pts to 109.3 in September Merchandise trade deficit increases 0.9% to $ 87.6 billion in August Wholesale inventories jump 1.2%; retail stocks gain 0.1%Read More →

By Dr Mike Walden Although we live in a turbulent political environment today, there is a generalized area of ​​agreement among individuals and groups of different political perspectives. It is that economic growth is good. Administrations and elected officials from the two main political parties praise economic growth, especially whenRead More →

AMMAN – The opinions of economists show that if “the same economic approaches continue to be adopted, the economic performance of the Kingdom will only worsen”. Economist Mazen Marji told the Jordan Times on Thursday that the Jordanian economy has suffered a devastating downturn like all other countries amid theRead 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 →

(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 →

National lockdown continues to impact many organizations in South Africa. As a result, some employers have downsized their workforce to help ease the financial strain on their businesses. Earlier this year, StatsSA announced that South Africa’s unemployment rate is now 32.5%, the highest on record since the current measure wasRead 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 →

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 →

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 →

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 →

ST. GEORGE – Utah has created more than 45,000 new jobs in the past year and “continues to be a strong economic environment,” according to one of the state’s leading economists. The Utah Department of Workforce Services released its June employment report Friday morning and noted that overall employment inRead 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 →