Experts to Deliver at W. P. Carey School/JPMorgan Chase Event
Will our sluggish economic recovery finally speed up in 2015? Top experts will deliver their forecasts for the state, nation, stock market and housing market at the Valley’s largest and most trusted economic-forecasting event on Dec. 3. The 51st Annual Economic Forecast Luncheon is co-sponsored by the Department of Economics at Arizona State University’s W. P. Carey School of Business and JPMorgan Chase.
We’re still slowly recovering from the staggering loss of jobs during the Great Recession, but some cities and states are rebounding faster than others. The job-growth numbers for the first three quarters of 2014 are now out. Research Professor Lee McPheters of the W. P. Carey School of Business at Arizona State University provides rankings and analysis of the winners and losers, based on the latest figures from the U.S. Bureau of Labor Statistics.
Will banks start to drop their standards and let people with slightly lower credit scores and much lower down payments buy homes? That’s the big question, after the Federal Deposit Insurance Corporation (FDIC) and other agencies voted to approve new, looser lending rules this week. A well-known expert from the W. P. Carey School of Business at Arizona State University says if the change happens, and the adjustments are reasonable, then it could be good for the Phoenix-area housing market, stimulating growth. Here are the highlights of the school’s monthly housing-market report on Maricopa and Pinal counties, as of August.
Two technology mavens and a prominent professor focused on improving our health care will be honored for their accomplishments this month. The three alums will be inducted into the W. P. Carey School of Business Homecoming Hall of Fame at Arizona State University on Oct. 30. Previous inductees come from such diverse organizations as the American Red Cross, the Arizona Diamondbacks, Motorola, Wells Fargo Bank and XM Satellite Radio.
It’s shaky, but improving. Experts say the Phoenix-area commercial real estate market is now officially in a slow recovery mode. A full 100 percent of the real estate brokers participating in a quarterly survey by the W. P. Carey School of Business at Arizona State University indicate they feel “optimistic,” and 84 percent believe the market is on an upswing.
John Lonski of Moody’s Analytics Wins Lawrence R. Klein Award
While many Americans were still pinching every penny and praying for a faster recovery from the Great Recession, John Lonski, chief capital markets economist of Moody’s Analytics, understood what our country really faced in its uphill battle toward an economic comeback. He had the most accurate U.S. forecast among the nation’s top economists for the years 2010 to 2013. Accordingly, he will be honored Oct. 16 with the prestigious Lawrence R. Klein Award for his achievements.
Honored Companies Help Boost Our Local Economy
Arizona is still recovering from the Great Recession, and many local businesses are playing a key role in the comeback. Today, some of the state’s best companies are being recognized as finalists for the 18th annual Spirit of Enterprise Awards from the W. P. Carey School of Business at Arizona State University.
Today, U.S. News & World Report announced its highly anticipated annual rankings for undergraduate business schools. Once again, the W. P. Carey School of Business at Arizona State University is honored among the nation’s Top 30. This is the ninth time in 10 years the school has made the prestigious Top 30.
The Phoenix-area housing market is NOT creating another housing bubble to pop anytime soon. The latest monthly report from the W. P. Carey School of Business at Arizona State University shows a lack of enthusiasm from both buyers and sellers. Also today, the Center for Real Estate Theory and Practice at the W. P. Carey School of Business is launching a new real estate website with enhanced content.