Temecula Valley Chamber Of Commerce encourages community to attend the 2017 Southwest Regional Economic Forecast

University of California Riverside Center for Economic Forecasting at the School of Business Administration Director Christopher Thornberg speaks at the 2017 Southwest Regional Economic Forecast June 8. Courtesy photo
University of California Riverside Center for Economic Forecasting at the School of Business Administration Director Christopher Thornberg speaks at the 2017 Southwest Regional Economic Forecast June 8. Courtesy photo

TEMECULA – The 2017 Southwest Regional Economic Forecast “Business without Boundaries” is scheduled for Thursday, June 8, from 7:30 a.m. to 10 a.m. at the beautiful South Coast Winery Resort & Spa. The event is presented by Temecula Valley Chamber of Commerce, Economic Development Coalition and University of California Riverside School of Business Center for Economic Forecasting and Development. The conference will take a glance at regional business and retail trends as the Temecula Valley emerges into a more mature region.

Event keynote speakers are Christopher Thornberg, director of the University of California Riverside Center for Economic Forecasting at the School of Business Administration, and Lisa Hill-McCay, senior vice president of public sector sales for Buxton.

Thornberg is also adjunct professor at the university. He is also the founding partner of Beacon Economics and is widely considered to be one of the nation’s leading economists. An expert in economic forecasting, regional economics, labor markets, economic policy and industry and real estate analysis, he was one of the earliest and most adamant predictors of the subprime mortgage market collapse and of the global economic recession that followed. In 2015, Thornberg was named to chair California State Treasurer John Chiang’s Council of Economic Advisors. He also serves on the advisory boards of Paulson & Co., one of Wall Street’s leading hedge funds, and of the Los Angeles Area Chamber of Commerce, Southern California’s largest not-for-profit business federation. Between 2008 and 2012, he served as a chief economic adviser to the California state controller’s office. Thornberg holds a doctorate in business economics from The Anderson School at University of California Los Angeles and a bachelor’s degree in business administration from the State University of New York at Buffalo.

As senior vice president of Buxton’s public sector division, Hill-McCay works with proactive cities to improve their retail economic development efforts. She works with communities to maximize their ability to generate sales tax revenue and enhance quality of life for their citizens by successfully recruiting new retailers as well as maximizing current retail options. She is focused on communities in Texas, Illinois and California. Hill-McCay received her bachelor’s degree from Texas Wesleyan University and is a member of the International Council of Shopping Centers. She has been a featured speaker at numerous events including the International City/County Management Association’s annual conference, the Texas Municipal League’s workshops and conferences, as well as the California Economic Development Association’s annual event.

Development updates will be delivered by five local city managers: Aaron Adams from the city of Temecula, Grant Yates from the city of Lake Elsinore, Ron Bradley from the city of Menifee, Rick Dudley from the city of Murrieta and Gary Nordquist from the city of Wildomar.

They will give updates on the forecast of the southwest Riverside County region, current real estate rise and trends, the benefits of the new economy and the future of retail.

Reservations are $50 per attendee and $600 for a corporate table of 10 guests. For more information, visit www.temecula.org or call (951) 676-5090.

One Response to "Temecula Valley Chamber Of Commerce encourages community to attend the 2017 Southwest Regional Economic Forecast"

  1. Brad Hiner   June 8, 2017 at 11:12 am

    My wife and I attended the SW Economic Forecast at South Coast Winery on 8 June. We left midway through the keynote address by Dr. Thornberg. His presentation had strong undertones of political demagoguery, and frankly, I was not in the mood for another Trump bashing session. Dr. Thornberg’s bio shows strong connections to our current state government, so it is understandable that his economic and political positions are cynical and left of center when it comes to the Trump administration. However, the Inland Empire is a business and economic powerhouse. As such, we should be cautiously cynical of ALL politicians as well as their cheerleaders. But we should be even MORE cynical when someone tells us that voters are angry, but it’s not justified by “the numbers”. Personally, I am one of those angry voters and I feel completely justified about it. Dr. Thornberg’s charts and graphs paint a rosy picture, but my own observations tell me that there’s plenty to worry about and more than enough to be angry about… particularly when it comes to state politics. Trump snark is all the vogue in West LA, apparently. But here in the Inland Empire, we prefer our economic discussions to be based on all the facts, not just the politically acceptable numbers from Sacramento and the DNC. I sincerely hope that future presentations by the Chamber of Commerce will focus on actual economics, and less about political snark.

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