BANK OF THE WEST ECONOMICS
Forecasting global, national, and regional economic and financial market trends
Forecasting global, national, and regional economic and financial market trends
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.
We made another significant upward revision to our baseline economic growth outlook for the United States this week. Read more >
The pandemic left another visible mark on nonfarm and private sector job creation in January. Read more >
Insights on the day’s U.S. economic releases and Federal Reserve Open Market Committee meetings and minutes.
Feb 24, 2021
New Home Sales Climb In January
New home sales increased 4.3% in January, and December sales were revised higher as well. Low mortgage rates and strong demand for suburban homes with more space are supporting higher home sale. Read more >
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 >
Economic growth has resumed and net job loss has ended in California after a sharp and unprecedented decline in March and April.
Read more >
California’s job growth engine has come to a screeching halt like an automatic car transmission that suddenly gets thrown into reverse.
Read more >
Bank of the West Chief Economist Scott Anderson addresses the risks and opportunities that climate change poses in California.
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