As the economic downturn caused by the COVID-19 pandemic fades further into our rearview mirror, the impact of the massive fiscal stimulus that was injected into the U.S. economy during the crisis has taken center stage. The historic stimulus created an enormous amount of private sector wealth, which has shown in the form of high savings rates, excessive consumption, rapidly rising asset markets, and exploding home prices.
At this year's San Bernardino County Economic Forecast Conference, Dr. Christopher Thornberg presented a comprehensive forecast for the national, state, and Inland Empire economies, addressing the most important trends affecting consumers, businesses, real estate markets, and government through 2022 and beyond.
Keynote speakers included California State Treasurer Fiona Ma, UCR Research Manager Dr. Taner Osman, and County of San Bernardino CEO Leonard Hernandez.