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Beacon Economics

@BeaconEconomics

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Beacon Economics, LLC is an independent research and consulting firm dedicated to delivering accurate, insightful, and objectively-based economic analysis.

Los Angeles, CA
Joined January 2019
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@BeaconEconomics
Beacon Economics
11 months
Despite a buoyant U.S. economy, the nation’s presidential candidates are both pushing costly, impractical economic policies while ignoring looming long-term threats. See my new economic outlook for the U.S.
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beaconecon.com
Summer 2025 The Beacon Outlook: United States DOWNLOAD THE OUTLOOK Welcome to The Beacon OutlookThis succinct, quarterly outlook delivers up-to-date analysi ...
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@BeaconEconomics
Beacon Economics
11 months
See the new op-ed by Founding Partner Christopher Thornberg and Research Manager Niree Kodaverdian about the state's minimum wage effects in today's @mercnews.
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mercurynews.com
Employers who may have used entry-level labor will move toward older, longer-term workers to justify higher costs.
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@BeaconEconomics
Beacon Economics
1 year
The peculiar surge in unemployment in California is likely linked to the state's minimum wage hikes, according to our new analysis of US Census data. The most affected group? California youth. View the study:
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@BeaconEconomics
Beacon Economics
1 year
Biggest takeaways from Chris Thornberg's presentation at the 2024 Real Estate Market Forecast. * US/CA economies are much stronger than many believe.* Deeply inaccurate narratives are driving ugly politics.* Big story of 2024: one very ugly election! .
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@BeaconEconomics
Beacon Economics
1 year
Why has low consumer sentiment persisted in an economy that is doing enviously well? Public opinion of the U.S. economy has lost touch with the data reality and our statistical regression of consumer confidence zeros in on the reason.
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beaconecon.com
Surveys capture narratives that may not fully reflect reality. Today, this is on full display in Americans’ views of the current U.S. economy.
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@BeaconEconomics
Beacon Economics
1 year
Save the date! Founding Partner Christopher Thornberg will be presenting at Coldwell Banker Town & Country's 2024 Real Estate Market Forecast on May 29. Details coming soon!
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@BeaconEconomics
Beacon Economics
1 year
California is far from becoming the ‘failed state’ depicted by critics, and even a cursory look at the data proves it. Our new outlook finds that the state’s economy will continue to grow in the near future and there is little sign of a recession in 2024.
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beaconecon.com
Summer 2025 The Beacon Outlook: California DOWNLOAD THE OUTLOOK Welcome to The Beacon OutlookThis succinct, quarterly outlook delivers up-to-date analysis o ...
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@BeaconEconomics
Beacon Economics
1 year
"California has led the nation in proving that decarbonization is not only compatible with economic growth, it’s a natural complement." That's the first line in a compelling new op-ed. A short, worthy read.
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dailynews.com
To hit these 2030 targets we must speed up the energy transition and make good on our promise to lead the globe into a safer, healthier era powered by clean energy. Our children will thank us. 
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@BeaconEconomics
Beacon Economics
1 year
RT @Next10: Join Next 10 and @BeaconEconomics for a webinar on Thursday, March 28th at 11am PT to learn more about Green Innovation Index f….
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@BeaconEconomics
Beacon Economics
1 year
CA's greenhouse gas emissions have rebounded following the pandemic shutdowns. The state may not reach its 2030 climate targets until 2047. View the 15th annual California Green Innovation Index from.@Next10 with analysis from Beacon Economics.
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@BeaconEconomics
Beacon Economics
1 year
While we don't see an immediate threat, our new economic outlook for the US finds that a financial ‘bubble’ may be emerging, and the long-run consequences are concerning.
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beaconecon.com
Summer 2025 The Beacon Outlook: United States DOWNLOAD THE OUTLOOK Welcome to The Beacon OutlookThis succinct, quarterly outlook delivers up-to-date analysi ...
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@BeaconEconomics
Beacon Economics
1 year
Our new outlook for the US is out. Two narratives, one overly pessimistic and the other unrealistically optimistic, are circulating widely. Both mask the reality of where the economy is headed.
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beaconecon.com
Summer 2025 The Beacon Outlook: United States DOWNLOAD THE OUTLOOK Welcome to The Beacon OutlookThis succinct, quarterly outlook delivers up-to-date analysi ...
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@BeaconEconomics
Beacon Economics
2 years
2024 Economic Outlook: Less Growth, More Uncertainty. While our new forecast does not see a recession in the next year, the driving forces that kept the economy strong in 2023 are weakening. View The Beacon Outlook:
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beaconecon.com
Spring 2025 The Beacon Outlook A quarterly forecast for the United States and California economies Subscribe to all Publications Welcome to The Beacon Outlo ...
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@BeaconEconomics
Beacon Economics
2 years
Founding Partner Christopher Thornberg talks to @CA_Insider about the state's colossal $68 billion budget deficit, what caused such a massive financial shortfall, and some possible ways to prevent it from happening again.
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californiainsider.com
In an insightful interview with renowned economist Christopher Thornberg of Beacon Economics, the conversation dives deep into California’s staggering $68 billion budget deficit in 2024. Thornberg’s...
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@BeaconEconomics
Beacon Economics
2 years
Founding Partner Christopher Thornberg talks to NBC Los Angeles about the recent bounce in the stock market and the forecast for 2024.
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@BeaconEconomics
Beacon Economics
2 years
Equity and bond prices have jumped . all because of the odd notion that there has been a sharp pivot in Federal Reserve policy. The problem is it's very hard to see any sign of this pivot in the Fed’s FOMC release. Read our latest post.
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beaconecon.com
For all the sophistication of modern asset markets, at their core, they are still just Keynesian beauty contests. Keynes’s metaphor for the markets derived ...
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@BeaconEconomics
Beacon Economics
2 years
President Biden has green-lighted funds for @BrightlineWest Trains high-speed rail line from Las Vegas to Los Angeles. Our 2019 economic impact analysis found that the project's construction would support $4.8 billion in economic output.
yahoo.com
The Biden administration announced $3 billion in funding Tuesday for the Brightline West rail project, covering a quarter of the cost for a high-speed rail line planned to run from Las Vegas to Los...
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@BeaconEconomics
Beacon Economics
2 years
We hope the Hollywood labor settlements aren't just a 'temporary truce' for many reasons, but as economists, we continue to argue that the macroeconomic effect of the strikes was minimal. A link to our analysis is included in this article.
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variety.com
Hollywood's labor peace may be short-lived as IATSE and the Teamsters are preparing for tough talks next year.
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@BeaconEconomics
Beacon Economics
2 years
Is Los Angeles becoming more business friendly as @MayorOfLA Karen Bass suggests? Christopher Thornberg joins @knxnews to talk about LA's performance over the past year. Interview starts at 1:05 in the time ticker.
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@BeaconEconomics
Beacon Economics
2 years
The Hollywood strikes are over, but the forces that led to them are far from subdued. The motion picture industry's real battle lies in the digitized halls of Silicon Valley and Silicon Beach. View Christopher Thornberg's new analysis and commentary.
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beaconecon.com
Beacon Economics specializes in analyzing the highly diverse economies of the Inland Empire, one of California’s most vital growth regions.
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