UA Economists Forecast What’s Ahead for the Rest of 2014 and Beyond
Reserve seats by Wednesday, May 21, for early bird rate.
TUCSON, Ariz. – The Arizona economy expanded again in 2013, although the pace of growth disappointed. Further, Tucson’s growth lagged behind state and national rates.
Join Eller College of Management economists George Hammond and Steven Reff as they offer analysis of these trends and offer insight into what to expect for the second half of 2014 and beyond at the annual mid-year assessment of the region’s economy on Wednesday, June 4, 2014, at the Westin La Paloma Resort (3800 E. Sunrise Drive, Tucson).
Registration is $40 per person or $400 for a table of ten until May 21 and $45 or $450 thereafter.
This event marks the first led by Hammond, who was recruited from West Virginia University in 2012 to succeed longtime director Marshall Vest, who retired last year. He is joined at this event by Steven Reff, an economics educator whose teaching at University High – and now at the Eller College – has been celebrated with multiple awards.
The two will share insight into the economic picture for Tucson, the state, and the country. Among the issues they will consider are federal fiscal policies, which played a big role in generating sluggish gains last year through the expiration of the payroll tax holiday, the sequester, and the government shutdown. The good news is that much of that fiscal drag will dissipate, opening the door to faster growth in the near future. However, the housing recovery paused during the second half of 2013, reflecting a variety of factors that contributed to diminished demand and restricted supply. This is a particular concern looking forward, because a robust housing sector is a key pillar of forecasts for accelerating growth during the next two years.
What does all this mean for the outlook for Tucson, the state, and the nation? What risks lurk below the overall trends? What surprises might generate faster near term growth? Why has Tucson’s growth lagged behind the state and the nation? How will the aging of the baby boom generation affect growth?
Hammond and Reff will answer those questions and more June 4. The annual Breakfast with the Economists forecasting event is sponsored by JP Morgan Chase and Co.
Event Details Wednesday, June 4, 2014 7:00 a.m. - 8:45 a.m. Westin La Paloma Resort, 3800 E. Sunrise Drive, Tucson.
The Economic and Business Research Center at the UA Eller College of Management has provided the Arizona community of business and public-sector decision makers with applied research and information on economic, demographic, and business trends in Arizona for over 60 years.