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The Hollywood strikes are over, but the forces that led to them are far from subdued. The motion picture industry's real battle lies in the digitized halls of Silicon Valley and Silicon Beach. View Christopher Thornberg's new analysis and commentary. beaconecon.com/hollywood-stri…

Is Los Angeles becoming more business friendly as Mayor Karen Bass Karen Bass suggests? Christopher Thornberg joins KNX News 97.1 FM to talk about LA's performance over the past year. Interview starts at 1:05 in the time ticker. omny.fm/shows/knxam-on…

We hope the Hollywood labor settlements aren't just a 'temporary truce' for many reasons, but as economists, we continue to argue that the macroeconomic effect of the strikes was minimal. A link to our analysis is included in this article. variety.com/2023/biz/news/…

President Biden has green-lighted funds for Brightline West Trains high-speed rail line from Las Vegas to Los Angeles. Our 2019 economic impact analysis found that the project's construction would support $4.8 billion in economic output. yahoo.com/news/biden-gre…

Equity and bond prices have jumped ... all because of the odd notion that there has been a sharp pivot in Federal Reserve policy. The problem is it's very hard to see any sign of this pivot in the Fed’s FOMC release. Read our latest post. beaconecon.com/fed-policy-in-…

Founding Partner Christopher Thornberg talks to NBC Los Angeles about the recent bounce in the stock market and the forecast for 2024. youtube.com/watch?v=HqysGM…

Founding Partner Christopher Thornberg talks to California Insider Show about the state's colossal $68 billion budget deficit, what caused such a massive financial shortfall, and some possible ways to prevent it from happening again. californiainsider.com/videos/califor…

2024 Economic Outlook: Less Growth, More Uncertainty. While our new forecast does not see a recession in the next year, the driving forces that kept the economy strong in 2023 are weakening. View The Beacon Outlook: beaconecon.com/publications/t…

Our new outlook for the US is out. Two narratives, one overly pessimistic and the other unrealistically optimistic, are circulating widely. Both mask the reality of where the economy is headed. beaconecon.com/publications/t…

While we don't see an immediate threat, our new economic outlook for the US finds that a financial ‘bubble’ may be emerging, and the long-run consequences are concerning. beaconecon.com/publications/t…

CA's greenhouse gas emissions have rebounded following the pandemic shutdowns. The state may not reach its 2030 climate targets until 2047. View the 15th annual California Green Innovation Index from Next 10 with analysis from Beacon Economics. greeninnovationindex.org/2023-edition/

Join Next 10 and Beacon Economics for a webinar on Thursday, March 28th at 11am PT to learn more about Green Innovation Index findings and trends in California's green economy: register.gotowebinar.com/register/55549…

"California has led the nation in proving that decarbonization is not only compatible with economic growth, it’s a natural complement." That's the first line in a compelling new op-ed. A short, worthy read. dailynews.com/2024/03/26/cli…

California is far from becoming the ‘failed state’ depicted by critics, and even a cursory look at the data proves it. Our new outlook finds that the state’s economy will continue to grow in the near future and there is little sign of a recession in 2024. beaconecon.com/publications/t…

Save the date! Founding Partner Christopher Thornberg will be presenting at Coldwell Banker Town & Country's 2024 Real Estate Market Forecast on May 29. Details coming soon! linktr.ee/MarketForecast

Why has low consumer sentiment persisted in an economy that is doing enviously well? Public opinion of the U.S. economy has lost touch with the data reality and our statistical regression of consumer confidence zeros in on the reason. beaconecon.com/surveys-and-th…

Biggest takeaways from Chris Thornberg's presentation at the 2024 Real Estate Market Forecast... * US/CA economies are much stronger than many believe * Deeply inaccurate narratives are driving ugly politics * Big story of 2024: one very ugly election! youtube.com/watch?v=j7kPhv…

The peculiar surge in unemployment in California is likely linked to the state's minimum wage hikes, according to our new analysis of US Census data. The most affected group? California youth. View the study: indd.adobe.com/view/ef948faf-…

See the new op-ed by Founding Partner Christopher Thornberg and Research Manager Niree Kodaverdian about the state's minimum wage effects in today's Mercury News. mercurynews.com/2024/09/25/opi…

Despite a buoyant U.S. economy, the nation’s presidential candidates are both pushing costly, impractical economic policies while ignoring looming long-term threats. See my new economic outlook for the U.S. beaconecon.com/publications/t…