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Sarah Chen ’22 and Prof. Manfred Keil shared 21 “good news” items from 2021 in an article they co-wrote for the San Bernardino Sun. From the Dow Jones and S&P 500 hitting record highs to the reopening of Disneyland, the student and professor highlighted a number of things to be thankful for in 2021.
Chen, who was recently named a Rhodes Trust Scholar, is a forecast analyst with CMC’s Lowe Institute of Political Economy. Keil is the Associate Director of the Lowe Institute and leads the Inland Empire economic forecast research team.
https://www.sbsun.com/2021/12/28/21-things-to-be-thankful-for-in-2021/amp/
Today’s will look at the Rose’s more recent history — back to only eleven years ago!
By 2010, California’s fast-growing Inland Empire had become the nation’s 14th-largest metropolitan statistical area, but few studies had focused on the region’s expanding economic and political significance. To fill this vacuum, faculty and students at the Rose Institute partnered with CMC’s Lowe Institute of Political Economy to conduct in-depth research on the Inland Empire.
Later that year, the two institutes collaborated with the UCLA Anderson School of Management to host the first CMC-UCLA Inland Empire Forecast Conference at Ontario’s Citizens Business Bank Arena (now known as Toyota Arena). More than 350 leaders from the public and private sectors attended the conference and discussed the Inland Empire’s economic future. These events proved even more successful as time went on: 2016’s conference had more than 500 attendees!
Through the Inland Empire Outlook (which was also established in 2010) and various other publications, the Rose Institute has provided policymakers and business leaders with a deeper understanding of the Inland Empire, its challenges, and its opportunities. This work empowers our student researchers to influence real-world issues far beyond the classroom. Please visit our website to learn more about their exceptional work.
With the recovering economy and the successful rollout of Coronavirus vaccines, Prof. Manfred Keil titled the Lowe Institute of Political Economy’s 2021 Inland Empire economic forecast, “Here Comes the Sun.”
“In Southern California, once we get to 70 percent of the population vaccinated or having antibodies due to having recovered from COVID, we’ll have herd immunity,” said Keil, who is associate director of CMC’s Lowe Institute of Political Economy and the chief economist of the Inland Empire Economic Partnership (IEEP). “This will allow Southern California residents to largely resume their normal routines.”
The IEEP forecast includes an optimistic estimate of GDP growth and the prediction that consumers “will be eager to visit restaurants and bars, resume travel, as well as return to regular sports and exercise activities.”
Link
https://www.cmc.edu/news/lowe-institute-projects-sunny-forecast-for-inland-empire-economy-in-2021
“We’re pairing academic concepts with industry practice, which allows us to directly communicate what we think is important to people who are important.”
Area business leaders spent the morning with CMC experts and students from the Rose Institute of State and Local Government and Lowe Institute of Political Economy at Inland Empire Vision 2019. Among the hot topics discussed: Housing and a possible recession.
"Inland Empire Vision: Recession in 2019?" brings business and government leaders to campus Tuesday for a discussion of housing policy and the economy. The opening hour will also highlight student research from the Rose Institute of State and Local Government and Lowe Institute of Political Economy.
*NEW MEMBER ALERT!*
Introducing, Lowe Institute of Political Economy. The Lowe Institute of Political Economy is a part of Claremont McKenna College where professors and students conduct data-driven analysis of questions for business and public policy.
They have joined the Fontana Chamber to form connections with local businesses to learn of their challenges, questions, and interests so as to better serve.
On March 27th, they will host Inland Empire Vision, a conference with information relevant to local business and policy. The program includes economic forecasts, a new consumer sentiment index specifically for the IE, a conversation with two local CEOS on the effect of the $15 minimum wage, and a forum where participants can share challenges and ideas. Learn more:
https://inlandempirevision.org/register/
We're excited to have you part of our Chamber 😊
: Join the Lowe Institute of Political Economy for their live quarterly presentation of the Lowe-Chapman Los Angeles Consumer Sentiment Index. The livestream presentation starts today at 12:30 p.m.
Tune-in and watch the livestream presentation of the CMC-Lowe Institute of Political Economy's quarterly Los Angeles Consumer Index report on Thursday, August 3, at 11 a.m.
The Lowe Institute of Political Economy at Claremont McKenna College in its report released Tuesday says the consumer sentiment index went from 120.8 in the third quarter of 2016 to 106.3 in the fourth quarter.
Today, the Rose Institute of State and Local Government is cohosting the Southern California Economic Forecast Conference with the Lowe Institute of Political Economy and UCLA Anderson Forecast at the Citizens Business Bank Arena. Check out Claremont McKenna College's live stream of this event and learn more information about the event here:
http://www.inlandempirecenter.org/.
CMClive: Claremont McKenna College Professor Manfred Keil presents his work on the County of San Bernardino and County of Riverside Regional Forecast at the Southern California Economic Forecast Conference hosted by the Rose Institute of State and Local Government, the Lowe Institute of Political Economy and UCLA Anderson Forecast at Citizens Business Bank Arena. FMI on the conference visit
www.inlandempirecenter.org/