A. Gary Anderson
Graduate School of Management

UCR construction workers

California's Worker Shortage Struggle Continues ...

16,200 Jobs Added California’s labor market expanded modestly in the latest numbers, with total nonfarm employment in the state growing by just 16,200 positions during December, according to an analysis released jointly with Beacon Economics. November’s gains were also revised down to 19,900 in the latest numbers, a 6,900 decrease from the preliminary estimate of...
By Victoria Pike Bond |
Warehouses in Southern California

Pandemic Left Behind, the Inland Empire Economy Flourished in 2022

Despite the recession drumbeat getting louder in many quarters across the nation, the Inland Empire’s economy is not only showing strength, but is outstripping California’s other major metros and the state as a whole along some very key measures, according to an analysis released today by the UC Riverside School of Business Center for Economic...
By Victoria Pike Bond | UCR News |
Worker washing windows

California Worker Shortage Constraining Job Growth

26,800 Jobs Added California’s labor market expanded steadily in November, with total nonfarm employment in the state growing by 26,800 positions, according to an analysis released jointly by Beacon Economics and the UCR School of Business Center for Economic Forecasting and Development. October’s gains were also revised up to 59,800 in the latest numbers, a...
By Victoria Pike Bond |
Holiday shopping

Experts in Black Friday, Holiday Season Shopping Impacts

Christopher Thornberg, director of the UC Riverside School of Business Center for Economic Forecasting and Development The founder of Beacon Economics LLC and an adjunct professor, Thornberg is an expert in economic and revenue forecasting, regional economics, economic policy, and labor and real estate markets. Thornberg has consulted for private industry, cities, counties, and public...
By UCR News |
Office space with computers

Growth Will Continue Despite Turbulence

Business activity in the Inland Empire has continued to rise and despite the turbulence in today’s macroeconomy, is forecast to continue its upward climb in the near-term future. According to the new Inland Empire Business Activity Index released today by the UCR School of Business Center for Economic Forecasting and Development, business activity in the...
By Victoria Pike Bond | UCR News |
Architects on site

California has Recovered all Jobs Lost During the Pandemic

56,700 Jobs Added California’s labor market expanded nicely in October (the latest numbers), according to an analysis released jointly with Beacon Economics. Total nonfarm employment in the state grew by 56,700 positions during the month, and with these gains, California has now fully recovered from the large job losses sustained during the COVID-19 pandemic. “October...
By Victoria Pike Bond |
Containers and airplane

California Job Expansion Slowly Continues

6,500 Jobs Added California’s labor market expanded slowly in September, with total nonfarm employment in the state growing by just 6,500 positions over the month, according an analysis released jointly by the UCR Center for Economic Forecasting & Development and Beacon Economics. August’s gains were revised up to 36,000 in the latest numbers, a 16,100...
By Victoria Pike Bond |
Apartments / pixabay.com

No Evidence that California's Rental Caps are Being Violated

A recently published report that alleges there may be widespread violations of a California law capping rent increases on tenants critically fails to support its allegations and, in light of available public data, the allegations themselves are unlikely to be true, according to a response released today by the UCR School of Business Center for...
By Victoria Pike Bond |
Crowd walking

Will the U.S. Economy Fall into Recession in 2023? Only if the Fed Intensifies Current Tightening Policies

The U.S. economy has little chance of falling into a recession this year or next unless the Federal Reserve raises interest rates more than they are currently projecting, according to a new forecast released yesterday at the 13th annual Inland Empire Economic Forecast Conference, hosted by the UC Riverside School of Business. “Although there are...
By Victoria Pike Bond | UCR News |
13th Annual Inland Empire Economic Forecast Conference e-book

13th Annual Inland Empire Economic Forecast Conference

Download the e-book (PDF)