Inland Empire Regional Outlook Conference

Riverside Convention Center

3443 Orange St, Riverside, CA

Thursday, June 7, 2007

Registration and Breakfast 7:30 AM
Program: 8:00-10:30 AM

On June 7, 2007, Beacon Economics and the California Economic Forecast (CEF) presented their inaugural Inland Empire Economic Forecast Event.


Jon Haveman
Principal
Beacon Economics
Christopher Thornberg
Principal
Beacon Economics
Mark Schniepp
Director
California Economic Forecast
 
Conference Materials:

Beacon Economics

Regional Forecast Conference Series

California would be the ninth largest economy in the world if it stood on its own, and one of the fastest growing developed nations, with an annual GDP growth of over 4% for the last decade. To put this in perspective, California has an economy equivalent to that of Italy, France, Russia, or Brazil. Within such a large economy, there can be an enormous range of regional economies, as different from each other as one nation is from another. During the 2001 recession, California was home to some of the worst hit regional economies in the nation (San Francisco and San Jose) and some that continued to be among the fastest growing in the U.S. (the Inland Empire, Sacramento, and San Diego).

While there is such tremendous local diversity, most of the public discussion tends to focus only on the aggregate, and local information is distributed at best only in sound-bites. For local businesses trying to make important decisions regarding employment and investment, such aggregate outlooks simply cannot provide the necessary level of understanding. To this end, Beacon Economics is committed to applying its extensive expertise in regional economies and producing local economic outlook presentations for the many diverse regions within California.

These annual events will be hosted within local communities and will have 200 to 500 attendees. Each morning meeting will include discussions of important trends in the state and national economy, with a focus on what these aggregate trends may mean for the region. They will also provide an extensive look at the local economy, both long-term growth trends as well as the potential ups and downs of the next year. Topics including income, employment, demographics, residential and commercial real estate, and local government will all be discussed. The centerpiece of each event will be a 50- to 60-page book provided to all attendees containing a wide variety of local statistics, along with written discussions of the important indicators.

The founders of Beacon Economics have extensive experience in studying regional economies and presenting their findings to a broad audience in an understandable and enjoyable way. These events connect their work to local business and political leaders and work to encourage a dialogue about important issues facing the local economy. In addition to the presentations of our economists, regional experts will be invited to present on important topics to the community.