Augusta University Cree-Walker Chair and Professor of Economics Simon Medcalfe, PhD, will share his analysis of Augusta’s economy and predictions for the coming year during the university’s annual Economic Forecast Breakfast.
The annual forecast, hosted by the James M. Hull College of Business, will begin at 7:30 a.m. on Thursday, Dec. 8, in the Dr. Roscoe Williams Ballroom in the Jaguar Student Activities Center on the Summerville Campus.
“The economy seems to have recovered to pre-pandemic levels, though some industries have done better than others in the last two-and-a-half years,” Medcalfe said. “There are three major concerns for next year: the continued labor shortage, stubbornly high inflation, and the possibility of a recession.”
The forecast breakfast is free and open to the public. Register for the event online.
Medcalfe is the author of the Augusta Leading Economic Index (Augusta LEI), a monthly composite index that combines several national, regional and local indicators into a single variable. He has also published several academic articles on sports economics, health economics and regional economic analysis.
Support for the Economic Forecast Breakfast is provided by the Wells Fargo Bank Endowment.