Inflation is expected to remain high for the next few years as the United States heads towards a recession, according to the latest economic forecast by California State University–Fullerton. Woods Center for Economic Analysis and Forecasting director Anil Puri and co-director Mira Farka presented the school’s annual forecast Oct. 27 at a presentation co-hosted by…
Cal State Fullerton Economic Forecast Reports High Likelihood of Recession
October 28, 2022
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UCLA Forecast: California’s Economy Stays Strong but Could Weaken as National Growth Slows
September 24, 2022
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California’s economy continues to grow but could begin to weaken along with slower national growth, according to a new forecast by University of California–Los Angeles’s (UCLA) Anderson School. Although uncertainty remains about what will happen in the next 12 months, UCLA’s forecasters do not predict a recession in the next year. However, the U.S. economy…
High Gas Prices May Trigger Big Gains for GOP: Report
June 23, 2022
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ORANGE, Calif.—Economists at Chapman University are predicting Republicans will see a midterm gain of 53 seats in the House of Representatives and high gas prices may be the reason. “There is a relationship between the price of gas and election results,” Chapman University President Emeritus Jim Doti said June 23 at the school’s Economic Forecast Update…
Strong CA Economy in 2022 Before Potential Recession in 2023: Chapman Economist
December 14, 2021
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Californians may see a strong economy in 2022, but the possibility of a recession in 2023 lingers, President Emeritus and Economist James Doti said during Chapman University’s 44th annual economic forecast on Dec. 14. As pandemic restrictions for businesses dwindle, California anticipates job growth of 4.2 percent in 2022 in comparison to 3.5 percent nationwide,…
Chapman Economics Expert Predicts More Holiday Shopping Amid Inflation
November 28, 2021
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SANTA ANA, Calif.—Orange County retailers have much to look forward to during the holiday shopping season, though some red flags still remain, according to a Chapman University professor. Raymond Sfeir, director of the A. Gary Anderson Center for Economic Research at Chapman University, predicts more shopping this holiday season than the last, though inflation is looming. Consumer…
Chapman Economics Expert Predicts More Holiday Shopping Admist Inflation
November 28, 2021
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SANTA ANA, Calif.—Orange County retailers have much to look forward to the holiday shopping season as it kicks off with Black Friday, though some red flags still remain, according to a Chapman University professor. Raymond Sfeir, director of the A. Gary Anderson Center for Economic Research at Chapman University, predicts more shopping this holiday season than the…
Chapman Economics Expert Predicts More Holiday Shopping Amidst Inflation
November 28, 2021
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Archivedblack fridayChapman UniversityChristmas shopping seasoneconomic forecastHoliday seasonLocal NewsNewsOrange CountyRegional NewsRegional-Local NewsSouthern CaliforniaUS
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SANTA ANA, Calif.—Orange County retailers have much to look forward to the holiday shopping season as it kicks off with Black Friday, though some red flags still remain, according to a Chapman University professor. Raymond Sfeir, director of the A. Gary Anderson Center for Economic Research at Chapman University, predicts more shopping this holiday season than the…
Orange County House Prices Could Drop 15 Percent by 2023
June 17, 2021
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Commentary Chapman University is predicting a 10-to-15 percent drop in the median price of detached singled family homes in Orange County, Calif., by mid-2023. Faculty from Chapman University’s A. Gary Anderson Center for Economic Research presented on June 16 the institution’s economic forecasts for the nation, state, and Orange County. It expects rates on new…
US Economy Expected to Boom This Year
April 22, 2021
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Commentary The boom is upon us. That is the economic outlook of California State University–Fullerton (CSU Fullerton) business and economics professors Anil Puri and Mira Farka. CSU Fullerton held its 2021 Spring Economic Forecast April 21 via Zoom, with speakers including professors, and real estate professionals. The takeaway? The university expects the economy to grow…
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California Purchasing Managers Expect Manufacturing Sector to Boom in Third Quarter
Commentary Manufacturing executives in California are more excited about their growth prospects than they’ve been in nearly 20 years. That’s the takeaway from a recent Chapman University polling of purchasing managers at manufacturing companies. Professors at the university’s A. Gary Anderson Center for Economic Research surveyed buyers from throughout the Golden State about their expectations…