BANK OF THE WEST ECONOMICS
Forecasting global, national, and regional economic and financial market trends
Know What’s Ahead
The world is rapidly changing. Knowing what to expect is critical today and will be in the future.
Economic analysis and forecasts from our award-winning Chief Economist Scott Anderson and his team help keep you informed whether you are a business decision maker, investor, or consumer.
Scott Anderson is the Chief Economist for Bank of the West. He analyzes international, national, and regional economic trends and provides forecasts for the bank management, business lines, and clients. He is a recipient of the NABE Outlook Award for most accurate economic forecaster.
U.S. Outlook
A weekly report with analysis of current U.S. economic activity and longer-term economic and interest rate forecasts.
Probably Too Early To Declare Victory On Inflation
September 17, 2021
The August CPI report provided some much need solace for markets and ammunition for those in the transitory inflation camp that the spike in inflation we have seen over the last several months is beginning to recede as pandemic and reopening demand subsides and the supply-side of the economy begins to catch up. Read more >
Supply Chain Bottlenecks Show No Signs of Easing
September 10, 2021
As vaccination rates across the globe continue to climb, economies have reopened and business restrictions have eased. Read more >
Delta Variant Delays Job Creation In August
September 3, 2021
Robust job growth came to a screeching halt in August as the delta variant and supply-chain bottlenecks spread aggressively across the country last month. Read more >
Instant Analysis
Insights on the day’s U.S. economic releases and Federal Reserve Open Market Committee meetings and minutes.
September 16, 2021
Retail Sales Rebounded In August
Defying expectations for another monthly decline, total retail sales rebounded 0.7% in August. Read more >
California Outlook
A quarterly analysis of California’s major economic regions and labor, housing, income, spending, and demographic trends.
California Economic Outlook – August 2021
August 2, 2020
Job growth in California slowed for four consecutive months to 73,500 in June, after a strong one-time February gain of 156,100 jobs as leisure and hospitality, personal services, and restaurants and bars reopened.
Read more >
California Economic Outlook – April 2021
April 28, 2021
California job growth rebounded strongly on service and restaurant business reopenings in February, but moderated a bit in March.
Read more >
California Economic Outlook – December 2020
December 17, 2020
California’s labor market recovery is lagging the nation as job losses in pandemic impacted industries remain high and new business restrictions and stay at home orders begin to bite.
Read more >
The Economics of Climate Change in California
Bank of the West Chief Economist Scott Anderson addresses the risks and opportunities that climate change poses in California.
