For anyone who fondly remembers Arizona’s boom times, economists have a new message: Even though 2016 might well shape up as the state’s best year in 10 years, it’s time to get used to rates of much slower growth.

In periods of economic downturn, analysts’ forecasts are generally more optimistic than conditions warrant. On the other hand, analysts are very accurate reflecting positive signs.

W. P. Carey Associate Professor of Finance Matthew Wiswall and Basit Zafar at the Federal Reserve Bank of New York conducted a study showing that college students lack accurate information about future earnings — information that lead some students to change their majors.

What are the implications of the wage gap between college graduates and those with only a high school diploma?

‘Tis the season for many companies to have accurate projections for the future. That’s why we present annually the Lawrence R. Klein Award for Blue Chip Accuracy. Hear Professor of Economics Lee McPheters announce the 2016 recipient and share the winner’s 2017 predictions.

Economist and L. William Seidman Research Institute Director Dennis Hoffman was quoted in The Atlantic about the impact of the shifting demographic profiles of those apprehended for unauthorized immigration attempts on the U.S. – Mexico border.

Dennis Hoffman, Lee McPheters, and Mark Stapp from ASU’s W. P. Carey School of Business addressed all the big issues and provided the first look at the local and national economy in 2018 at the Annual Economic Luncheon.

Guests at the annual Economic Outlook Luncheon, sponsored by the Economic Club of Phoenix, are challenged by Research Professor Lee McPheters to answer a set of questions about the background issues driving the Arizona economy. Here’s your chance to do the same.

Research Professor Lee McPheters, director of the JPMorgan Chase Economic Outlook Center, shares the latest information on the Phoenix economy at the Economic Club of Phoenix Luncheon on March 29, 2017.

Director of the JPMorgan Chase Economic Outlook Center Lee McPheters oversees one of the most comprehensive employment databases in the nation — and the information is available to all.