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Economic Forecast


Hosted by the A. Gary Anderson Center for Economic Research

» 40th Anniversary Chapman University Economic Forecast Update

Hosted annually by the A. Gary Anderson Center for Economic Research at Chapman University, the nationally recognized Economic Forecast Update utilizes the faculty and student developed Chapman Econometric Model to analyze the California economy and greater global economic trends to provide national and local businesses and organizations with the information they need to make more effective planning and investment decisions. This year's conference will be held on Thursday, June 21, 2018 at the Marybelle and Sebastian P. Musco Center for the Arts. 

+ - Event Details

Date

Thursday, June 21, 2018

Time

2 p.m. – Reception
3 p.m. – Conference

Location

Marybelle and Sebastian P. Musco Center for the Arts
One University Drive, Orange, CA 92866

Express Admission 

If you have a ticket, there is no need to stop at the conference registration. You may proceed directly to the doors.

Parking

Parking is available at the Lastinger and Barrera Parking Structures. 

See map for details

Day of Registration

If you have not yet purchased your ticket, onsite registration will be open at 2 p.m. Individual tickets are $150. 

Express tickets are also available here until the start of the conference.

Conference tickets are required for entry.

Reception

Sponsored by Bank of America

Beginning at 2 p.m., the reception will be available in the Aitken Arts Plaza in front of Musco Center for the Arts. 

+ - About the Update

President Emeritus Dr. Doti speaking at the Economic Forecast at ChapmanThe Chapman University Economic Forecast Update projects trends through the year 2017. The economic outlook is based on 30 years of market research and proprietary econometric model developed by Chapman faculty and students. Economic forecasts are also presented each January for Los Angeles County and the Inland Empire.

Building on more than 30 years of nationally recognized research success, the Economic Forecast provides businesses and organizations with compelling information on consumer spending, interest rates, employment, housing and GDP.

Throughout the year, the A. Gary Anderson Center for Economic Research holds workshops, meetings and seminars relating to forecast updates and recent developments in the fields of business and economics.

The Economic Forecast Update will be held Thursday, June 21, 2018 at the Marybelle and Sebastian P. Musco Center for the Arts at Chapman University. Reception at 2 p.m. with the Update beginning at 3 p.m.

For questions or sponsorship opportunities, contact (714) 744-7031 or email tthompso@chapman.edu.

+ - Presenters

Dr. DotiDr. James L. Doti

President Emeritus
and Donald Bren Distinguished Chair of Business and Economics

James Doti earned his Ph.D. from the University of Chicago, where he studied under Nobel Laureates Gary Becker, Milton Friedman and George Stigler.
Dr. Doti came to Chapman as a faculty member in 1974. He founded the Anderson Center for Economic Research in 1978 and served as its inaugural director until 1985, when he became dean of the Argyros School of Business and Economics. Dr. Doti was appointed as president of Chapman University in 1991 and served for 25 years. In September 2016, he returned to the Chapman faculty.

Dr. Doti’s articles have appeared in academic journals as well as periodicals such as The Wall Street Journal and The Chronicle of Higher Education. His frequent op-eds appear in the Orange County Register, and he is a regular columnist for Orange County Business Journal. He is also the co-author of two econometrics texts and co-editor of a collection of readings in free enterprise that received the Templeton Honor Award for Scholarly Excellence.

+ - Research

About the Chapman Economic Forecast and the A Gary Anderson Center for Economic Research

The Anderson Center for Economic Research was founded in 1978 with a mission to encourage faculty and students in the Argyros School of Business and Economics to engage in research of the highest quality and widely disseminate the results.

The Center’s inaugural Orange County Forecast, presented in December 1978, was the first economic forecast in the U.S. to be based on an urban econometric model. The Chapman Econometric Model grew out of a class project.  It was developed by Argyros School faculty and students working together with a focus on providing the most relevant information relating to past, present and future trends in the Orange County economy.

In March 1997, the Center was named the A. Gary Anderson Center for Economic Research in gratitude for the generous support of the A. Gary Anderson Family Foundation. The Foundation’s endowment gift also created the A. Gary Anderson Chair in Economic Analysis, with center director Esmael Adibi as its inaugural holder. President Jim Doti stated at that time, “The gift is quite significant in that funds will be available in perpetuity to fund the center’s operation.  It means we will be able to not only expand the center’s research effort but make it possible for the center to remain in the forefront of urban and regional analysis.”   

For nearly 40 years, the Economic Forecast has afforded students in the Argyros School hands-on experience not only in using the econometric tools necessary to revise and update the Chapman Model but also in analyzing current economic trends.  The focus continues to be on providing information that businesses and organizations need to make more effective planning and investment decisions.

The Anderson Center’s research findings have been quoted in major media outlets across the nation. The Economic Forecast is recognized, in particular, for its statistical accuracy, as reflected in the following results:

- Between 2004 and 2016, Chapman’s real GDP forecasts were more accurate than the forecasts issued by all 22 agencies participating in the Blue Chip Economic Indicators surveys.  Chapman also ranked #1 for its forecasts of four variables that significantly influence the overall U.S. economy:  real GDP, the unemployment rate, inflation (as measured by the GDP price deflator), and housing starts. 

- Over the most recent 10-year period from 2007 through 2016, Chapman stood at #2 in both the real GDP and four-variable forecast rankings. 

The Chapman Forecasts include economic variables in the following categories:

U.S. Forecast:

  • Real GDP
  • Employment
  • Monetary Aggregates
  • Price Indicators
  • Housing
  • Interest Rates

California, Orange County and Inland Empire Forecasts:

  • Payroll Employment
  • Personal Income
  • Taxable Sales
  • Housing
  • Construction Activity

The following directors have provided leadership to the Anderson Center for Economic Research:

James L. Doti, Ph.D. (Founding Director, 1978 – 1985)

Esmael Adibi, Ph.D. (1985 – 2016)

Raymond Sfeir, Ph.D. (2016 – present)  

Thank You to Our Sponsors


Title Sponsor


Silver

For more information about sponsoring the Economic Forecast Conference contact
Tami Thompson at (714) 744-7031 or tthompso@chapman.edu

Sponsored By

Bank of America logo

Date:
Thursday, June 21, 2018
2 p.m. – Reception 
3 p.m. – Conference

Location: 
Marybelle and Sebastian P. Musco Center for the Arts
at Chapman University
One University Drive
Orange, CA 92866

 

Contact Us

For more information about sponsoring the Economic Forecast Update contact Tami Thompson at
(714) 744-7031 or tthompso@chapman.edu

Adibi Scholarship Fund

This year's Economic Forecast Conference is dedicated to the memory of Dr. Esmael Adibi. His contribution and impact will always remain a part of the Forecast's legacy. If you would like to make a donation in Essie’s honor, the family requests donations be made to the Adibi Family International Scholarship.

Donate to the Adibi Family International Scholarship