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Mamma Mia! Sweden Gains the Most Musicians During the Pandemic

Call it the ABBA effect: More musicians migrated to Stockholm, Sweden during the pandemic than to any other location according to a new analysis released today by the UCR School of Business Center for Economic Forecasting and Development. The analysis examined a very specific labor market – musicians on Soundcloud, a major online music sharing...
IE Economic Forecast Conference 2021

Inland Empire Economic Forecast Conference Finds Near Term Outlook Strong but Long Run Risks Loom Large

From a demand standpoint, the U.S. economy has completely recovered from the pandemic recession. And output, although not there yet, will return to its long run trend in the near-term future. That according to a new forecast released yesterday at the 12th annual Inland Empire Economic Forecast Conference, hosted by the UC Riverside School of...
By Victoria Pike Bond |
Downtown Los Angeles

Downtowns are Still the Biggest Job Centers in Most Regions

The demise of dense downtown areas in the United States has been predicted throughout, and long before, the COVID-19 pandemic. But according to a new analysis released today by the UCR School of Business Center for Economic Forecasting and Development, downtowns are far from dying and today continue to be the largest job centers in...
By Victoria Pike Bond |
Modern housing units

Inland Empire Business Activity Growth Outpaces U.S. GDP in Latest Numbers

Business activity in the Inland Empire has continued to recover from the pandemic along a steady upward trajectory, outperforming growth in U.S. GDP in the latest numbers. According to the new Inland Empire Business Activity Index released today by the UCR School of Business Center for Economic Forecasting and Development, in the second quarter of...
By Victoria Pike Bond |
UCR bell tower at night

It's a Three-peat: UCR Again Tops Social Mobility Ranking

For the third consecutive year, U.S. News & World Report has named UC Riverside the top university in the nation for social mobility. The social mobility category considers the degree to which a university elevates its low-income graduates to a higher standard of living. As rankings leaders such as U.S. News have adjusted their formulas...
By John Warren |
Crowdfunding brain & dollars graphic

Effective Messaging for Crowdfunding Campaigns

Why do some crowdfunding campaigns hit or exceed their goals quickly while others languish? The answer often has to do with what finance experts call “herding,” where people follow the crowd and invest wherever everyone else is investing. Effective use of crowdfunding platforms’ communication tools can influence herding behavior to maximize a campaign’s success, finds...
By Holly Ober |
Tax forms on desk

Study Disrupts Venture Capitalist Assumptions About Tax Benefits of Corporations

Startups backed by venture capital — and their investors — often lose tax savings because they organize as corporations rather than limited liability companies, finds a UC Riverside-led study. The reason? Venture capitalists, or VCs, are more familiar with corporations, or C-corporations, and pay less attention to taxes, even though limited liability companies, or LLCs...
By Holly Ober |
Inland Empire aerial view

Job Recovery, Housing Demand, Consumer Demand Heating Up Inland Empire Economy

As the effects of pandemic-driven business closures and restrictions steadily diminish, and with California "officially reopened," the economy of the Inland Empire is on a robust near-term growth trajectory, according to an analysis released today by the UC Riverside School of Business Center for Economic Forecasting and Development. While some industries and workers continue to...
By Victoria Pike Bond |
Trucks, aerial image / unsplash.com

Inland Empire Business Activity to Hit Pre-Pandemic Levels by End of Year

Business activity in the Inland Empire is in clear-cut recovery mode and will reach pre-pandemic levels by the end of this year, according to the new Inland Empire Business Activity Index released today by the UCR School of Business Center for Economic Forecasting and Development. The analysis estimates that business activity in the region will...
By Victoria Pike Bond |
Business people in motion

Inland Empire Business Activity Poised for Strong Growth in 2021

Business activity in the Inland Empire has continued to steadily recover from the historic COVID-19 pandemic and the outlook for the near-term future is one of solid growth. Following unprecedented declines in the first half of 2020, the region’s business activity rebounded in the second half of the year, and the economic fundamentals for ongoing...
By Victoria Pike Bond |