Economic Outlook: Here We Grow Again? Matt Croucher PhD Chief Economist Arizona Public Service Co.

Slides:



Advertisements
Similar presentations
Unit 3 Macroeconomics.
Advertisements

Economic Outlook 21 st Annual Southern California Visitor Industry Outlook Conference Jack Kyser Sr. VP & Founding Economist, The Kyser Center for Economic.
AS/AD Model Review.
Battling Headwinds: Arizona’s Economy Struggles Upward Presented to the Tucson Association of REALTORS® February 13, 2015 George Hammond, Ph.D. Director.
Laura Kalambokidis One Minnesota Conference January 7, 2015 Minneapolis, MN Economic Outlook Across Minnesota MINNESOTA MANAGEMENT & BUDGET MMB.STATE.MN.US.
Economic Update Economic Development Council of Seattle-King County Board Meeting February 27, 2014 Spencer Cohen Senior Economic Analyst.
2015 Texas Economic Outlook: Tapping on the Brakes Keith Phillips Sr. Economist and Research Officer The views expressed in this presentation are strictly.
ECONOMIC INDICATORS. Real GDP Growth Gross Domestic Product (GDP) measures the dollar value of all goods and services produced in the U.S. economy in.
U.S. Economic Outlook A Relatively Fast Manufacturing Growth Pace Amid Modest Gains In The Overall Economy Presented by: Daniel J. Meckstroth, Ph.D. Vice.
Economic Outlook for Consumers William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago University of Illinois Center for.
Economic Outlook William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago Saint Xavier University Graham School of Management.
2015 Minnesota Economic Outlook January 6, minneapolisfed.org.
Consequences of Business Fluctuations Chapter 14.
The Great Recession and Tennessee’s Revenue Outlook Bill Fox and Matt Murray UT’s Center for Business and Economic Research October 29, 2009.
Presented by: Steve Nivin, Ph.D. Please contact Steve Nivin with any questions or comments at or ECONOMIC.
Presented by: Steve Nivin, Ph.D. Please contact Steve Nivin with any questions or comments at or MID-YEAR.
The Economy: Overview & Outlook The Economy: Overview & Outlook GFOAz Conference August 7, 2008 Lee McPheters Professor of Economics W. P. Carey School.
U.S./Arizona/Phoenix Economic Outlook
Cochise College Center for Economic Research Cochise College CENTER FOR ECONOMIC RESEARCH Economic Outlook Sierra Vista, AZ.
Cochise College Center for Economic Research Cochise College CENTER FOR ECONOMIC RESEARCH Economic Outlook Sierra Vista, AZ.
The 2015 Economy: Staying the course?? R. Christopher Jones, Ph.D.
Economic and Commercial Real Estate Outlook Lawrence Yun, Ph.D. Chief Economist NATIONAL ASSOCIATION OF REALTORS ® Presentation at NAR Annual Conference.
Robert A. Kleinhenz, Ph.D. Chief Economist, Kyser Center for Economic Research, LAEDC The Economy and Poverty in Los Angeles County MENDing Poverty Conference.
 What is inflation? --a general upward movement in price of goods and services in an economy  What is deflation? --a general downward movement in.
Economic Outlook March 2012 Economic Policy Division.
Macroeconomics THE BIG PICTURE
ECONOMIC AND HOUSING OUTLOOK David Crowe Chief Economist Blue Ridge Home Builders Association February 27, 2014.
MAROECONOMIC GOALS WHAT ARE THE COMPONENTS OF GROSS DOMESTIC PRODUCT? HOW DO WE MEASURE THE ECONOMY TO SEE IF WE ARE MEETING ECONOMIC GOALS?
COCHISE COLLEGE Center for Economic Research Economic Review & Outlook Sierra Vista, AZ.
The Economic Outlook: Recession and Opportunities By Dean Baker Co-Director of the Center for Economic and Policy Research (CEPR)
Begin $100 $200 $300 $400 $500 C1-$100 - $100 - $100 What is the MPS? MPS is the marginal propensity to save when disposable income has been increased.
UTAH’S CURRENT ECONOMIC OVERVIEW April 2014 Mark Knold Supervising Economist Utah Department of Workforce Services.
1 1Q | 2015 As of December 31, 2014 Guide to the Markets ®
Benson Economic Outlook GROSS DOMESTIC PRODUCT Seasonally Adjusted Annual Rate.
Ok, That’s Over. What’s Next?! Stanley F. Duobinis, Ph.D. Crystal Ball Economics, Inc. Stanley F. Duobinis, Ph.D. Crystal Ball Economics, Inc.
Tom Walsh Economist, Office of Economic Advisors Department of Workforce Development June 12, 2013 Economic Overview and Outlook Portage County Jobs Club.
U.S. Housing Outlook Presented By: Stanley F. Duobinis, Ph.D. President Crystal Ball Economics, Inc.
Wisconsin is Open for Business November 4, 2011 Sizing up Today’s Economy Wisconsin Economics Association 1 Dennis Winters Chief, Office of Economic Advisors.
Economic and Housing Market Lawrence Yun, Ph.D. Chief Economist NATIONAL ASSOCIATION OF REALTORS ® Presentation at 2012 Resort and Second-Home Symposium.
Macro Overview Unit 4. What it is? ► Remember: Macroeconomics is the part of economics that looks at the behavior of the whole economy collectively, rather.
Economic Indicators. Gross Domestic Product GDP per Capita.
Economic Goals 1 economic freedom 2 economic efficiency 3 economic equity 4 economic security 5 economic stability 6 economic growth.
ECONOMIC OUTLOOK AND MONETARY POLICY RECOMMENDATIONS November 2, 2012 New York, NY.
Economic Outlook: Continued Growth: How Much Longer? San Rafael, CAOctober 29, 2015 Robert Eyler, Ph.D. CEO and Chief Economist Marin Economic Forum
Unemployment Rate Looking at more than just the number….
Presented by Harry M. Davis, Ph.D NCBA Professor of Banking and Economist Appalachian State University October 29, 2015.
Kelly Cunningham Economist, Senior Fellow Economic Outlook Post-recession economic recovery January 21, 2015.
Norwegian Labour market development May NAV, Side 2 GDP growth: 6% in 2007.
Economic Outlook in Uncertain Times Lawrence Yun, Ph.D. Chief Economist NATIONAL ASSOCIATION OF REALTORS® Presentation to IREM Chapter 77 In Reston, VA.
New Jersey’s Economic Situation Charles Steindel New Jersey Department of the Treasury November 20, 2013.
CHART 1 AVERAGE CHANGE IN EMPLOYMENT PER FIRM. CHART 2 UNFILLED JOB OPENINGS.
Fiscal Policy Fiscal Policy - Government effort to control the economy and maintain stable prices, full employment, and economic growth. Fiscal Policy.
UNEMPLOYMENT. Civilian Labor Force Total # of employed & unemployed persons, adjusted seasonally Oct 2006: 152,000,000.
WARM UP #9 What does it mean for an event to be cyclical? What are some examples? What do they all have in common? When you go to the doctor, what are.
The Economic Outlook Sam Kahan, Senior Economist Federal Reserve Bank of Chicago: Detroit Branch Wisconsin Bankers Association Madison,
February 15 a unique approach. critical answers. Accurate. 1 © 2015 UCLA Anderson Forecast. All rights Reserved a unique approach. critical answers.
Economic and Real Estate Outlook By Lawrence Yun, Ph.D. Chief Economist, National Association of REALTORS® Presentation at Region 11 REALTORS® Conference.
Robert A. Kleinhenz, Ph.D. Chief Economist, Kyser Center for Economic Research, LAEDC LAEDC Economic Forecast & Industry Outlook Office of the City Controller,
California Association of REALTORS  Robert A. Kleinhenz, Ph.D. Deputy Chief Economist California Association of REALTORS  Economic and Housing Market.
Creating a Forecast Charles Steindel January 21, 2010 All views expressed are those of the author only and not necessarily those of the Federal Reserve.
The 2016 Economy: Our “Slow, Steady Ride”
2017 Economic Outlook IREM Los Angeles
Natural Rate of Unemployment
Economic Outlook September 2016
Economic Conditions and Outlook
Economic and Housing Market
Economic Update & Outlook Arizona State Board of Equalization
Georgia’s Economic Conditions and Outlook
ECONOMIC OUTLOOK 2018: “THE COSTS OF GROWTH” Dr. Michael L. Walden
Macroeconomics Economic Indicators.
Presentation transcript:

Economic Outlook: Here We Grow Again? Matt Croucher PhD Chief Economist Arizona Public Service Co.

US GDP: Where We Currently Stand

Time For “THAT” Discussion

Which Sparky?

US GDP: The “New Normal”………?

US Long-Term Unemployed: Structural Problems?

US Labor Force Participation Rates by Age: Dispelling a Myth 25 – 49 year olds have rates above 80 percent – have stayed relatively flat

Interest Rates Lowering the Cost of New Investment

Case-Shiller Home Price Index: Metro Phoenix

Cumulative Supply of Excess Housing APS Territory, Metro Phoenix

Nonresidential Building Vacancy: Metro Phoenix

Arizona Total Nonfarm Jobs: The Climb has begun Seasonally Adjusted

Arizona: Looking at the Sectors

Conclusion We are seeing signs of (sustained) traction/rebound in the Arizona Economy Need to remember that the long-term fundamentals are still in place My real GDP forecast? D: One of the above