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Quote of the day Any time series regression containing more than four independent variables results in garbage Zvi Griliches |
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| December 2011 Economic Outlook | |
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The National Economy Remains Mired in a Long Slump but Double-Dip Possibilities Abate
In California, Turbulent Data Suggest a Turning Point, Economy to Continue to Grow, Albeit Slowly Los Angeles, CA - December 7, 2011 - In its fourth quarterly report of 2011, the UCLA Anderson Forecast’s outlook for the nation sees GDP growth at a “below trend rate” for the next five quarters. Specifically, the Forecast calls for a 2% growth rate for the current quarter and a sub-2% growth rate for most of 2012. [Click here for the full story] [Click here to purchase the December 2011 Forecast] |
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| December 2011 Economic Forecast Conference | |
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Video Understanding the Risks to China's Economy December 7, 2011 William Yu, Economist, UCLA Anderson Forecast |
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California trade with Asia-Pacific Up
UCLA Anderson Forecast Director, Edward Leamer discusses Trade in an Interview with The California Report Los Angeles, Mar. 30, 2011 - The story on trade in California is dramatically different from the rest of the nation. Nationwide, only 1 percent of companies export. California exporters shipped $11.7 billion worth of goods abroad in January alone, a number that hasn't been seen since 1987. [Click here for audio] |
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| Winter/Spring Commercial Real Estate Survey Results | |
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Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey Sees Turning Point by 2013
California Continues a Slow Growth Recovery Los Angeles, CA - Feb. 3, 2011 - California office and industrial markets are showing signs of real optimism, according to the latest Allen Matkins/ UCLA Anderson Forecast Commercial Real Estate Survey. The survey polls a panel of investors in commercial real estate as to their views of how the market will be changing over the coming three years. [Full press Release] [Video press release and In-depth analysis] [Download Report] |
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| Focus on Orange County | |
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Orange County Economy May Be Limping Along But Housing And Labor Markets Will Strengthen By Mid 2011
Irvine, CA - October 27, 2010 - Economic activity is increasing across a number of important sectors in Orange County, according to the latest UCLA Anderson Forecast for Orange County. “Orange County leads a very slow recovery in California,” said Jerry Nickelsburg, senior economist, UCLA Anderson Forecast. “Growth in Orange County manufacturing, professional, scientific, technical and leisure and hospitality services has been more rapid than in the state as a whole. However, overall, the county's employment picture is only marginally improved from the depth of the recession.” [Click here for the full story] [Click here to purchase the Orange County Forecast] |
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| Ceridian/UCLA Pulse of Commerce | |
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UCLA Anderson Forecast Teams with Ceridian Corporation on Launch of New Economic Indicator
Ceridian-UCLA Pulse of Commerce Index™ by UCLA Anderson School of anagement Tracks Diesel Fuel Purchases Across the Country; January Data Indicate National Economy Still Disappointing Los Angeles, Feb. 10, 2010 - On the positive side, Ceridian Corporation and the UCLA Anderson Forecast jointly announced the release of a new, first-of-its-kind indicator able to track the status, and potentially the future direction of the U.S. and regional economies. Dubbed the Ceridian-UCLA Pulse of Commerce Index™ (PCI) by UCLA Anderson School of Management, the PCI is based on real-time diesel fuel purchases by over the road truckers using a Ceridian card at more than 7,000 locations across the United States. [Click here for the full story] |
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New Ceridian-UCLA Pulse of Commerce Index™ Reveals Need for Economic Reality Check as January Number Declines
Index Drops in january after Exceptionally Strong December; Foretells Industrial Production Index Minneapolis, Minn., Feb. 10, 2010 - Results from a major new econometric report – the Ceridian-UCLA Pulse of Commerce Index™ by UCLA Anderson School of Management – show the U.S. economy fell in January after a significant increase in December, with the index falling at an annualized rate of 36.8 percent. The more reliable three-month moving average for January managed to show a 3.3 percent gain at an annualized rate following the exceptional annualized rate of 14.6 percent in the previous month. [Click here for the full story] |
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