2015 Central Oregon Economic Forecast

January 29th, 2015

Stay tuned for more information for the upcoming forecast and conference.

What’s up with housing?

Housing is traditionally a very volatile sector of the economy. It tends to lead the business sector (indeed, some economists like Ed Leamer of the UCLA Forecasting Group say that housing IS the business cycle). Housing is subject to booms and busts. A case in point is the major housing boom of the early . . . → Read More: What’s up with housing?

The California Economy: A Strength VS Weakness Breakdown

Previously published on July 11, 2014 on NewGeography.com

Part two of a two-part report. Read part 1.

The problem with analyzing California’s economy — or with assessing its vigor — is that there is not one California economy. Instead, we have a group of regions that will see completely different economic outcomes. Then, those . . . → Read More: The California Economy: A Strength VS Weakness Breakdown

The California Economy: When Vigor and Frailty Collide

Previously published on July 10, 2014 on NewGeography.com

Part one of a two-part report.

California is a place of extremes. It has beaches, mountains, valleys and deserts. It has glaciers and, just a few miles away, hot, dry deserts. Some years it doesn’t rain. Some years it rains all winter. Those extremes are part . . . → Read More: The California Economy: When Vigor and Frailty Collide

The New Normal and the New Neutral

The “New Normal” is a phrase coined a few years ago by the Pacific Investment Management Company (PIMCO), or at least that’s what they claim. It referred to a lengthy period of slow economic growth that they expected to persist as people recovered from the financial crisis. In view of the very modest economic . . . → Read More: The New Normal and the New Neutral