economic outlook: here we grow again? matt croucher phd chief economist arizona public service co
TRANSCRIPT
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Economic Outlook: Here We Grow Again?
Matt Croucher PhDChief Economist
Arizona Public Service Co.
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US GDP: Where We Currently Stand
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Time For “THAT” Discussion
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Which Sparky?
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US GDP: The “New Normal”………?
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US Long-Term Unemployed: Structural Problems?
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US Labor Force Participation Rates by Age: Dispelling a Myth
• 25 – 49 year olds have rates above 80 percent – have stayed relatively flat
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Interest Rates Lowering the Cost of New Investment
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Case-Shiller Home Price Index: Metro Phoenix
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Cumulative Supply of Excess HousingAPS Territory, Metro Phoenix
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Nonresidential Building Vacancy: Metro Phoenix
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Arizona Total Nonfarm Jobs: The Climb has begun
• Seasonally Adjusted
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Arizona: Looking at the Sectors
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Conclusion
• We are seeing signs of (sustained) traction/rebound in the Arizona Economy
• Need to remember that the long-term fundamentals are still in place
• My real GDP forecast?• D: One of the above