“We have to stop touting the minimum wage as a completely harmless policy, or as some kind of remedy for poverty and income inequality… it is...
In arguing that there will be no near-term recession, Beacon Economics has been an outlier in the forecasting community. Much to the chagrin of those who...
Over the past year U.S. mortgage rates have risen from sub-3% to over 7%. Unsurprisingly the nation’s real estate market is swooning; home sales are plummeting,...
Recession Potential Will Grow If Federal Reserve Tightens To Control Inflation… But The Sooner The Better; California On Verge of Recovering All Jobs Lost To Pandemic...
It’s The Demand Curve, Stupid… By Christopher Thornberg The biggest obstacle to slowing inflation is that the real causes of it—excessive consumer demand and rapidly rising...
Labor Force Trouble: 1 Million Less Workers In The Workforce Today; State Unemployment Rate Remains Stubbornly High June 19, 2020 — Although local officials, and the...
California Job Recovery Beginning, But the Climb Will Be Slower Than the Fall; California Revenue Forecast Overly Pessimistic June 9, 2020 — Despite the tremendous economic...
April 30, 2020 | By Christopher Thornberg, PhD As Beacon Economics has written in our published outlooks over the past six weeks, a true understanding of...
CALIFORNIA’S STRONG JOB GROWTH PRE COVID-19 BETTER POSITIONS STATE FOR RECOVERY March 27, 2020 — The latest employment figures released by the California EDD reiterate one...
Concerned about Coronavirus and its Impact on the Economy? Leading Economist — Dr. Chris Thornberg gives a very important economic update. Dr. Chris Thornberg was scheduled...