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LOS ANGELES, March 17, 2021 /PRNewswire/ The 2021 Cathay Bank/UCLA Anderson Forecast U.S.-China Annual Economic Report focuses on the U.S. economy under the Biden administration, which may continue some, if not all, of the Trump administration s hardline economic policies toward China, though in a more nuanced and diplomatic style and tone. The report also discusses U.S. goods imports and exports with China, asset prices, U.S. real estate markets and whether superstar cities will be super again. It also predicts that the U.S. and Chinese economies will be among the most rapidly growing once the COVID-19 pandemic abates.
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LOS ANGELES, March 10, 2021 /PRNewswire/ The first quarterly UCLA Anderson Forecast of 2021 expects robust growth for the U.S. and California as the COVID-19 pandemic abates.
One year ago, the World Health Organization declared the COVID-19 outbreak a pandemic, and subsequent efforts to stop the spread of the virus led to an unprecedented decline of the U.S. economy as non-essential in-person activities came to a halt. For all of 2020, real GDP fell by 3.5%, the worst annual decline in more than 60 years.
It s sobering to realize that although the virus devastated every sector of the 2020 economy, it might have been worse.
UCLA Anderson Forecast Anticipates Near-Record Growth as Economic Recovery Continues prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Unusual Economic Recession Shows Mixed CRE Outlook through 2023, Says Allen Matkins/UCLA Anderson Forecast California CRE Survey
Industrial space remains strong, multi-family housing is mixed, while pessimism continues for office and retail
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LOS ANGELES, Jan. 27, 2021 /PRNewswire/ The Winter 2021 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that the current pandemic-related economic recession is having a mixed effect on California commercial real estate sectors, as this particular downturn is not characterized by a slackening in housing markets or a stock market crash.
While office space markets are in a holding pattern and retail markets are on a downward trajectory, multi-family housing and industrial space instead remain in the growth portion of their business cycles.
NEWS RELEASE:
In California, the rebound will be led by tech, residential construction and logistics sector
Los Angeles (December 9, 2020) The quarterly UCLA Anderson Forecast anticipates positive economic news on the horizon.
After the COVID-19 pandemic reached the U.S., the Anderson Forecast’s March report was followed by two downward revisions, and the June and September releases charted the pandemic’s impact on the California and national economies. The December forecast offers hope of a robust recovery from the current recession, based on the assumption that mass vaccinations would clear a path toward a new, productive normalcy for many industries.