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The NEW 2020 Economic Outlook Forecast

The NEW 2020 Economic Outlook Forecast 

The economic shutdown due to the COVID-19 pandemic coincided almost perfectly with the Santa Clarita Valley Economic Development Corporation’s previously scheduled, and ultimately canceled, Economic Outlook Forecast on March 12. In the six months that have ensued, SCVEDC's economist, Dr. Mark Schniepp of California Economic Forecast has been keeping a close eye on the rapidly evolving economic impacts of the shutdown on a national, state and local level.  On September 17, 2020, Schniepp presented a revised Economic Outlook Forecast at our rescheduled virtual conference. Though an economic recovery is underway, he predicts it will proceed slowly for the rest of the year and that full recovery will be out of reach until a vaccine or cure for COVID-19 is widely available. 

The New Economic Outlook - A Slow Recovery on the Way

The New Economic Outlook - A Slow and Bumpy Recovery on the Way?

SCVEDC recently hosted a webinar with Dr. Mark Schniepp from the California Economic Forecast to get an update on the current state of the economy and learn what has changed over the past few months. This webinar was part of a series co-hosted with the SCV Chamber and funded in part by a grant from the Wells Fargo Foundation. Here is a brief recap of the New Economic Outlook as presented by Dr. Schniepp:

OK Boomer - Make Way for the Rise of the Millennials

Ok Boomer – Make Way for the Rise of the Millennials

It’s a little-known fact, but Millennials make up the largest generation in the U.S. and California. In 2018 there were 11.2 million Millennials in the state and fewer than 9.3 million people in any other generation. Millennials are also the largest generation in SCV at 81,000, placing them ahead of the 76,000 Baby Boomers.

 

SCVEDC Hosts Annual Economic Outlook Forecast

SCVEDC Hosts Annual Economic Outlook Forecast

Even though economist Dr. Mark Schniepp of California Economic Forecast said to expect a “boring economy” in 2019, SCVEDC’s annual Economic Outlook was anything but. With tickets selling out nearly five weeks before the event date, Holly Schroeder, President & CEO of SCVEDC gave a warm welcome to over 400 attendees that crowded into the ballroom at the Hyatt Regency Valencia. 

Join us for the 2019 Economic Outlook Conference

Join us for the 2019 Economic Outlook Conference on March 14

Are you wondering where to get a sneak peek into the economy of the Santa Clarita Valley, the state of California, the United States, and the world? Does your company rely on accurate and up-to-date demographic data for the region? Are you interested in how growth and development will shape Santa Clarita in 2019 and beyond? If you answered yes! to any of these questions, you need to attend our 2019 Economic Outlook Conference!

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SCVEDC Hosts Annual Economic Outlook Forecast

SCVEDC Hosts Annual Economic Outlook Forecast

March 8, 2018 – Tournament Players Club Valencia (Valencia View Room)

 

The skies were sunny and so was the economic outlook for our region at the annual Economic Outlook Forecast Conference held on Thursday, March 8.

 

The speaker lineup that addressed the full house included:

This year’s conference had a record number of sponsors AND attendees! Held at a new temporary event venue (called the Valencia View Room) on the grounds of the Tournament Players Club, event participants were treated not only to the latest economic data for the Santa Clarita Valley but also spectacular views of the entire valley.

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A Touch of Hollywood Added to 2018 Economic Outlook Conference

We are excited to announce our newest speaker for this year's Economic Outlook Conference! Scott Williams (pictured far left) is a producer and writer best known for his work on Santa Clarita Valley-basedNCIS, which has been on the air and filming in the SCV since 2003. In addition, he has worked on Miami Medical (2010) and Third Watch (1999).

Economic Outlook Preview - Demand for Industrial Space Hottest in Years

Demand for Industrial Space Hottest in Years

 

The Santa Clarita Valley industrial market is heating up, with a growing number of companies acquiring new warehousing, manufacturing, and logistics space. At the same time, builders are beginning to complete some large-scale projects, creating an environment that is dynamic and rapidly changing.

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Join us for the 2018 Economic Outlook Conference 

Join us for the 2018 Economic Outlook Conference on March 8

 

 

Are you wondering where to get a sneak peek into the economy of the Santa Clarita Valley?...

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