Beacon Economics

Despite a buoyant U.S. economy, the nation’s presidential candidates are both pushing costly, impractical economic policies while ignoring looming long-term threats. See my new economic outlook for the U.S. beaconecon.com/publications/t…

See the new op-ed by Founding Partner Christopher Thornberg and Research Manager Niree Kodaverdian about the state's minimum wage effects in today's @mercnews. mercurynews.com/2024/09/25/opi…

The peculiar surge in unemployment in California is likely linked to the state's minimum wage hikes, according to our new analysis of US Census data. The most affected group? California youth. View the study: indd.adobe.com/view/ef948faf-…

Biggest takeaways from Chris Thornberg's presentation at the 2024 Real Estate Market Forecast... * US/CA economies are much stronger than many believe * Deeply inaccurate narratives are driving ugly politics * Big story of 2024: one very ugly election! youtube.com/watch?v=j7kPhv…

Why has low consumer sentiment persisted in an economy that is doing enviously well? Public opinion of the U.S. economy has lost touch with the data reality and our statistical regression of consumer confidence zeros in on the reason. beaconecon.com/surveys-and-th…

Save the date! Founding Partner Christopher Thornberg will be presenting at Coldwell Banker Town & Country's 2024 Real Estate Market Forecast on May 29. Details coming soon! linktr.ee/MarketForecast

California is far from becoming the ‘failed state’ depicted by critics, and even a cursory look at the data proves it. Our new outlook finds that the state’s economy will continue to grow in the near future and there is little sign of a recession in 2024. beaconecon.com/publications/t…

"California has led the nation in proving that decarbonization is not only compatible with economic growth, it’s a natural complement." That's the first line in a compelling new op-ed. A short, worthy read. dailynews.com/2024/03/26/cli…

Join Next 10 and @BeaconEconomics for a webinar on Thursday, March 28th at 11am PT to learn more about Green Innovation Index findings and trends in California's green economy: register.gotowebinar.com/register/55549…

CA's greenhouse gas emissions have rebounded following the pandemic shutdowns. The state may not reach its 2030 climate targets until 2047. View the 15th annual California Green Innovation Index from @Next10 with analysis from Beacon Economics. greeninnovationindex.org/2023-edition/

While we don't see an immediate threat, our new economic outlook for the US finds that a financial ‘bubble’ may be emerging, and the long-run consequences are concerning. beaconecon.com/publications/t…

Our new outlook for the US is out. Two narratives, one overly pessimistic and the other unrealistically optimistic, are circulating widely. Both mask the reality of where the economy is headed. beaconecon.com/publications/t…

2024 Economic Outlook: Less Growth, More Uncertainty. While our new forecast does not see a recession in the next year, the driving forces that kept the economy strong in 2023 are weakening. View The Beacon Outlook: beaconecon.com/publications/t…

Founding Partner Christopher Thornberg talks to @CA_Insider about the state's colossal $68 billion budget deficit, what caused such a massive financial shortfall, and some possible ways to prevent it from happening again. californiainsider.com/videos/califor…

Founding Partner Christopher Thornberg talks to NBC Los Angeles about the recent bounce in the stock market and the forecast for 2024. youtube.com/watch?v=HqysGM…

Equity and bond prices have jumped ... all because of the odd notion that there has been a sharp pivot in Federal Reserve policy. The problem is it's very hard to see any sign of this pivot in the Fed’s FOMC release. Read our latest post. beaconecon.com/fed-policy-in-…

President Biden has green-lighted funds for @BrightlineWest Trains high-speed rail line from Las Vegas to Los Angeles. Our 2019 economic impact analysis found that the project's construction would support $4.8 billion in economic output. yahoo.com/news/biden-gre…

We hope the Hollywood labor settlements aren't just a 'temporary truce' for many reasons, but as economists, we continue to argue that the macroeconomic effect of the strikes was minimal. A link to our analysis is included in this article. variety.com/2023/biz/news/…

Is Los Angeles becoming more business friendly as @MayorOfLA Karen Bass suggests? Christopher Thornberg joins @knxnews to talk about LA's performance over the past year. Interview starts at 1:05 in the time ticker. omny.fm/shows/knxam-on…

The Hollywood strikes are over, but the forces that led to them are far from subdued. The motion picture industry's real battle lies in the digitized halls of Silicon Valley and Silicon Beach. View Christopher Thornberg's new analysis and commentary. beaconecon.com/hollywood-stri…