It’s still just the beginning of 2017, and with the Inauguration around the corner, many are trying to predict what the economy will look like for the year ahead. In the 39th Annual Economic Forecast held by Chapman University, President Emeritus Jim Doti presented some interesting predictions with a “Trumpenomics” angle. “Overall, the forecast sees continued growth both in California and the U.S., with real GDP growing from 1.6 percent in 2016 to 2.4 percent in 2017,” said Doti.
The Chapman Econometric Model reports forecasts on employment, investing, and home prices for not only California but the nation overall. To read a summary of the report including highlighted points, click here.