CSUF's Economists Present Annual Forecast, Assess Nation’s Mood
Nov. 8, 2016
CSUF economists Anil Puri and Mira Farka spoke before some 800 attendees at the Nov. 2 “World at a Crossroads: Navigating Risks in Pursuit of an Ideal Climate” conference to present the fiscal plans of the presidential candidates, as well as their outlook for the U.S. economy.
The conference reviewed the unlikely events of 2016 — Brexit and the rollercoaster presidential election ride — and their common thread of “a deep sense of resentment, anger and frustration with the status-quo.”
The second half of 2016 is expected to perform better than the first, with consumer spending continuing “to do the heavy lifting, buoyed by continued job growth, higher home values and better prospects for income and wages.”