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The immediate closures of all non-essential businesses due to the COVID-19 pandemic, was a devastating blow to thousands of business throughout the State of California. With over 3.7 million unemployment claims and hundreds of businesses on the brink of closing their doors for good, can California's economy bounce back? Or are we headed for another Great Depression?
Join us for a captivating Facebook LIVE discussion with Beacon Economics Founding Partner, Dr Christopher Thornberg as he analyzes the future of California's economy. During the LIVE Q&A, SOCEC Chair Steve LaMotte will join Dr. Thornberg to discuss his projections and ask questions about both the local and statewide economy. If you have a questions for Dr. Thornberg, don't forget to DM or COMMENT below. You won't want to miss this!
Christopher Thornberg founded Beacon Economics LLC in 2006. Under his leadership the firm has become one of the most respected research organizations in California serving public and private sector clients across the United States. In 2015, Dr. Thornberg also became Director of the UC Riverside School of Business Center for Economic Forecasting and Development and an Adjunct Professor at the School.
An expert in economic and revenue forecasting, regional economics, economic policy, and labor and real estate markets, Dr. Thornberg has consulted for private industry, cities, counties, and public agencies. He became nationally known for forecasting the subprime mortgage market crash that began in 2007, and was one of the few economists on record to predict the global economic recession that followed. Dr. Thornberg holds a Ph.D in Business Economics from The Anderson School at UCLA, and a B.S. degree in Business Administration from the State University of New York at Buffalo.
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