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2020 WILL GO DOWN AS ONE OF THE MOST TRAUMATIC, TURBULENT, AND UNPRECEDENTED YEARS IN MODERN ECONOMIC HISTORY.
As we enter what we hope will be a very different new year, effective COVID-19 vaccines are being administered and a light is starting to emerge at the end of the pandemic tunnel. But huge questions still abound…
- How fast will the economy return to its pre-pandemic state of health?
- What does the growth trajectory look like for the hardest hit industries?
- Have some sectors been permanently altered?
- Will 2021 bring the flood of bankruptcies so many have predicted?
- Will consumer spending continue to drive the recovery or is that tapering off?
- Will a second stimulus package do more than the first one? What should the policy response be?
Join us as one of the nation's most forthright and leading economists, Dr. Christopher Thornberg, delivers answers to these and other critical questions.
Today's tumultuous environment demands incisive analysis and accurate forecasting. Get both on January 14th.
Speakers
Christopher Thornberg, PhD
Director & Adjunct Professor of UCR Center for Economic Forecasting and Development
More Information
Mark Thorpe
Chief Executive Officer at Ontario International Airport Authority (OIAA)
More Information
Christopher
Thornberg, PhD
Director & Adjunct Professor of UCR Center for Economic Forecasting and Development
https://ucreconomicforecast.org/index.php/about-us/our-people/staff-bios-2/Christopher Thornberg is Director of the UC Riverside School of Business Center for Economic Forecasting and Development and an Adjunct Professor at the School. He is also the Founding Partner of Beacon Economics LLC.
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 in Los Angeles, San Francisco and the Bay Area, San Diego, the Inland Empire, Seattle, Orange County, Sacramento, Nevada, and other geographies across the nation. Dr. Thornberg 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.
In 2015, he was named to California State Treasurer John Chiang’s Council of Economic Advisors, the body that advises the Treasurer on emerging strengths and vulnerabilities within the state’s economy. From 2008 to 2012, he served as economic advisor to the California State Controller’s Office, and as Chair of then State Controller John Chiang’s Council of Economic Advisors.
Well known for his ability to capture and hold audiences, Dr. Thornberg has presented to hundreds of leading business, government, and nonprofit organizations across the globe including Chevron, The New Yorker, Colliers International, the California Chamber of Commerce, City National Bank, the California State Association of Counties, State Farm Insurance, the City of Los Angeles, the California and Nevada Credit Union League, and the National Steel and Shipbuilding Company, among many others. He has testified before the U.S. Congress House Committee on Financial Services on municipal debt issues, before the California State Assembly Committee on Revenue and Taxation regarding rule changes related to Proposition 13, and before the Los Angeles City Council about proposed changes to local minimum wage laws.
Dr. Thornberg is a panel member of the National Association of Business Economists’ quarterly “Outlook,” and a contributor to monthly economics polls published by Reuters. He also serves on the Boards of Directors of both the California Chamber of Commerce and the Los Angeles Area Chamber of Commerce, and is an Executive Member of the Central City Association (Los Angeles) and a member of the California Association for Local Economic Development.
Prior to launching Beacon Economics, Dr. Thornberg was a senior economist with UCLA’s Anderson Forecast. He previously taught in the MBA program at UCLA’s Anderson School, in the Rady School of Business at UC San Diego, and at Thammasat University in Bangkok, Thailand. He has also held a faculty position in the economics department at Clemson University.
A well-known media commentator, Dr. Thornberg has appeared on CNN and NPR and is regularly quoted in major national dailies including the Wall Street Journal and New York Times.
Originally from upstate New York, 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.
Mark Thorpe
Chief Executive Officer at Ontario International Airport Authority (OIAA)
https://www.flyontario.com/corporate/airport-authorityWith more than 20 years of experience in the aviation industry, Mark Thorpe is responsible for the development and sustainability of Ontario International Airport (ONT). He brings with him a plethora of experience and enthusiasm for aviation, and new vision for Ontario International
Airport to become a world class airport experience for the nearly
5-million passengers that come through the terminals. Mark has positioned ONT as the first airport to dynamically price and yield-manage parking, has reach agreements with Uber and Lyft, added eight new restaurants, and partnered to develop TSA pilot programs that have increased throughput through innovative use of technology and procedures.
Prior to being named CEO for ONT, Mark served and excelled as the Chief Development Officer by increasing passenger and cargo air service, along with all development opportunities for the OIAA.
Before joining the OIAA team, Mark oversaw the newly formed Cargo Business Development group at Dallas International Airport (DFW), leading the airport’s business development efforts with freight forwarders, supply chain managers, shippers, and airport cargo handlers. He has experience in more than 40 countries in the Asia/Pacific region, Europe, the Middle East and Africa.
Mark and his wife reside in Irvine California, his wife’s home town,
with their two daughters and one son.
Edward
Ornelas, Jr.
President & CEO of Inland Empire Regional Chamber of Commerce
https://www.iechamber.orgEdward is a Los Angeles native, but Inland Empire adopted. Moving from LA to Fontana in 2010, Edward immediately dove head first into the local and regional business community, making a name for himself as someone who 'moves fast' and 'gets things done'.
Reach out to Edward directly:
cell: 909.575.8352 google voice (text or call)
email: eornelas@iechamber.org
Sponsors and Partners
Hosts
UC Riverside Center for Economic Forecasting & Development
The UCR School of Business Center for Economic Forecasting and Development is the first world-class university forecasting center in the Inland Empire serving one of the most dynamic regions in the United States.
Together, Riverside and San Bernardino Counties make up an economic area that is larger than Seattle, San Diego, or Orange County and twice the size of Silicon Valley.
The Center for Economic Forecasting and Development brings the full resources of the University to bear in creating modern, first-rate economic forecasts and economic development products that expand understanding and amplify interest in this vital region, one of the nation’s fastest growing.
The Center draws from the business expertise, public policy experience, and deep academic training of its seasoned economists to conduct path breaking research on the regional, state, and national economies—producing economic forecasts, public policy analysis, and economic impact studies for institutions, events, and public and private investments.
As a hub of collaboration, innovative economic development ideas and strategies emerge from both researchers and business and government leaders.
The Center not only delivers products and services that provide genuine insight into the economy, it also serves as an energetic community partner and resource to business and government leaders as well as the people of the Inland Empire. It is a fertile meeting ground for new product development, original research, and collaboration between industry, government, and the broader community.
Supporting Partners
San Bernardino County Economic Development Agency
We help build bridges between businesses and opportunities. As the largest county in the U.S., at over 20,000 square miles, you need an informed partner like us to connect you with the best locations and people our county has to offer.
https://www.selectsbcounty.com/Agenda
2
00PM
-
2
05PM
Welcome remarks
Edward Ornelas, Jr.2
05PM
-
2
15PM
Ontario Int'l Airport Update
Mark Thorpe2
15PM
-
3
00PM
2021 Inland Empire Economic Outlook
Christopher Thornberg, PhDWelcome remarks
Speakers
Edward Ornelas, Jr.
President & CEO of Inland Empire Regional Chamber of CommerceEdward is a Los Angeles native, but Inland Empire adopted. Moving from LA to Fontana in 2010, Edward immediately dove head first into the local and regional business community, making a name for himself as someone who 'moves fast' and 'gets things done'.
Reach out to Edward directly:
cell: 909.575.8352 google voice (text or call)
email: eornelas@iechamber.org
Ontario Int'l Airport Update
Speakers
Mark Thorpe
Chief Executive Officer at Ontario International Airport Authority (OIAA)With more than 20 years of experience in the aviation industry, Mark Thorpe is responsible for the development and sustainability of Ontario International Airport (ONT). He brings with him a plethora of experience and enthusiasm for aviation, and new vision for Ontario International
Airport to become a world class airport experience for the nearly
5-million passengers that come through the terminals. Mark has positioned ONT as the first airport to dynamically price and yield-manage parking, has reach agreements with Uber and Lyft, added eight new restaurants, and partnered to develop TSA pilot programs that have increased throughput through innovative use of technology and procedures.
Prior to being named CEO for ONT, Mark served and excelled as the Chief Development Officer by increasing passenger and cargo air service, along with all development opportunities for the OIAA.
Before joining the OIAA team, Mark oversaw the newly formed Cargo Business Development group at Dallas International Airport (DFW), leading the airport’s business development efforts with freight forwarders, supply chain managers, shippers, and airport cargo handlers. He has experience in more than 40 countries in the Asia/Pacific region, Europe, the Middle East and Africa.
Mark and his wife reside in Irvine California, his wife’s home town,
with their two daughters and one son.
2021 Inland Empire Economic Outlook
Speakers
Christopher Thornberg, PhD
Director & Adjunct Professor of UCR Center for Economic Forecasting and DevelopmentChristopher Thornberg is Director of the UC Riverside School of Business Center for Economic Forecasting and Development and an Adjunct Professor at the School. He is also the Founding Partner of Beacon Economics LLC.
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 in Los Angeles, San Francisco and the Bay Area, San Diego, the Inland Empire, Seattle, Orange County, Sacramento, Nevada, and other geographies across the nation. Dr. Thornberg 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.
In 2015, he was named to California State Treasurer John Chiang’s Council of Economic Advisors, the body that advises the Treasurer on emerging strengths and vulnerabilities within the state’s economy. From 2008 to 2012, he served as economic advisor to the California State Controller’s Office, and as Chair of then State Controller John Chiang’s Council of Economic Advisors.
Well known for his ability to capture and hold audiences, Dr. Thornberg has presented to hundreds of leading business, government, and nonprofit organizations across the globe including Chevron, The New Yorker, Colliers International, the California Chamber of Commerce, City National Bank, the California State Association of Counties, State Farm Insurance, the City of Los Angeles, the California and Nevada Credit Union League, and the National Steel and Shipbuilding Company, among many others. He has testified before the U.S. Congress House Committee on Financial Services on municipal debt issues, before the California State Assembly Committee on Revenue and Taxation regarding rule changes related to Proposition 13, and before the Los Angeles City Council about proposed changes to local minimum wage laws.
Dr. Thornberg is a panel member of the National Association of Business Economists’ quarterly “Outlook,” and a contributor to monthly economics polls published by Reuters. He also serves on the Boards of Directors of both the California Chamber of Commerce and the Los Angeles Area Chamber of Commerce, and is an Executive Member of the Central City Association (Los Angeles) and a member of the California Association for Local Economic Development.
Prior to launching Beacon Economics, Dr. Thornberg was a senior economist with UCLA’s Anderson Forecast. He previously taught in the MBA program at UCLA’s Anderson School, in the Rady School of Business at UC San Diego, and at Thammasat University in Bangkok, Thailand. He has also held a faculty position in the economics department at Clemson University.
A well-known media commentator, Dr. Thornberg has appeared on CNN and NPR and is regularly quoted in major national dailies including the Wall Street Journal and New York Times.
Originally from upstate New York, 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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