Allen Matkins/UCLA Anderson Forecast Commercial Real Estate Survey
Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey Reveals Optimistic Outlook for California Office and Industrial Markets
Slight Turning Point Expected in 2013
LOS ANGELES, CA - July 16, 2010 - Optimism is returning and a distant glow of light
at the end of the tunnel is nearing in the California office and industrial markets,
according to the latest Allen Matkins/UCLA Anderson Forecast Commercial Real Estate Survey
and Index Research Project. The survey includes the Inland Empire, East Bay, Silicon Valley,
Los Angeles, San Francisco, Orange County and San Diego office markets. The survey compares
the panel's forecast of the market three years hence with today's market.
National Economic Recovery Will be a Long Slow Climb
California Recovery Will be Weaker than the Nation's, While Los Angeles is Expected to Recover Faster Than the Rest of the State
LOS ANGELES, CA - June 15, 2010 - In its second quarterly report of 2010, the UCLA Anderson Forecast makes the case for a tepid
recovery from the national recession, with unemployment levels slowly declining. The California economy is expected to grow a bit slower
than the nations for 2010, and slightly faster thereafter. This slow growth through the forecast period will result in only modest
inroads to the states high unemployment rate. In a report focused on Los Angeles, UCLA Anderson forecast suggests that the regions
economy will fare better than the rest of California.
Video The Outlook for Commercial Real Estate June 15, 2010
David Shulman, Senior Economist, UCLA Anderson Forecast
Ceridian/UCLA Pulse of Commerce
UCLA Anderson Forecast Teams with Ceridian Corporation on Launch of New Economic Indicator
Ceridian-UCLA Pulse of Commerce Index by UCLA Anderson School of anagement Tracks Diesel Fuel Purchases Across the Country; January Data Indicate National Economy Still Disappointing
Los Angeles, Feb. 10, 2010 - On the positive side, Ceridian Corporation and the UCLA Anderson
Forecast jointly announced the release of a new, first-of-its-kind indicator able to track the status, and
potentially the future direction of the U.S. and regional economies. Dubbed the Ceridian-UCLA Pulse of
Commerce Index (PCI) by UCLA Anderson School of Management, the PCI is based on real-time diesel fuel
purchases by over the road truckers using a Ceridian card at more than 7,000 locations across the United
States.
New Ceridian-UCLA Pulse of Commerce Index Reveals Need for Economic Reality Check as January Number Declines
Index Drops in january after Exceptionally Strong December; Foretells Industrial Production Index
Minneapolis, Minn., Feb. 10, 2010 - Results from a major new econometric report the Ceridian-UCLA
Pulse of Commerce Index by UCLA Anderson School of Management show the U.S. economy fell in January after
a significant increase in December, with the index falling at an annualized rate of 36.8 percent. The more
reliable three-month moving average for January managed to show a 3.3 percent gain at an annualized rate
following the exceptional annualized rate of 14.6 percent in the previous month.
California's Budget Does Not Solve Underlying Problems
State relies too heavily on taxes from top earners
Dr. Jerry Nickelsburg is a senior economist with the UCLA Anderson Forecast. Among his responsibilities
are the economic forecast for California and authorship of the associated quarterly California Report.
Last week, the state of California ended a months-long stalemate with the passage of a new budget. While
the next UCLA Anderson Forecast for California is not scheduled for release until March, Nickelsburg had
some immediate reaction to the newly-passed budget.
Lessons from the Deukmejian Era for Contemporary California State Budgeting
Daniel J.B. Mitchell
September 1, 2007
In this forthcoming chapter of California Policy Options 2008, Former Director of the
UCLA Anderson Forecast and Ho-Su Wu Professor Daniel Mitchell points out that Californias
current mixture of a slowing economy, a persistent budget deficit, and a no-new-taxes governor
has actually been a common feature of state budgeting since the 1980s. Prof. Mitchell argues
that there are several important lessons current policy makers can learn from this history,
so that we hopefully are not doomed to repeat it.