Wednesday, September 27, 2017

UCLA Forecast

The UCLA Anderson Forecast was presented earlier today. It was in fact presented within Korn Hall, the auditorium in the Anderson School and serves as a reminder that it was, and is, possible to hold big events on campus without having added a Grand Hotel. But that is an old story.

As for the Forecast itself, there is nothing projected that suggests either a boom or a bust. If that is what occurs, i.e., the federal and state economy continue chugging along pretty much as has been the recent trend, Gov. Brown will avoid a rocky fiscal situation next year when he presents his last state budget (ever). And that outcome would be a contrast with how, in his first iteration as governor back in the 1970s and early 1980s, he ended with a big budget crisis that he bequeathed to his successor.

A brief summary of the forecast is at:

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