2017 Economic Outlook Luncheon

Event Date

Friday, December 8, 2017 -
11:30am to 1:30pm


Westin La Paloma Resort & Spa
3800 East Sunrise Drive
Tucson, AZ


George W. Hammond
George W. Hammond, PhD
Director, Eller Economic and Business Research Center
[ view bio]

Anthony Chan
Anthony Chan, PhD
Chief Economist, Chase
[view bio]

More Information

The Outlook is a product of the Forecasting Project. With a 30-year history, these forecasts are widely recognized for accuracy and for providing lucid insights into what the future holds.
The annual luncheon is presented by the Eller College of Management in cooperation with the University of Arizona Foundation.

Learn more about the Economic and Business Research center at its award-winning website ebr.eller.arizona.edu, the premier source for information on Arizona's economy. There you will find measures of the economy's performance, analysis by the Eller College Economic and Business Research Center, and links to important studies. You may also view the latest issue of the award-winning Arizona's Economy newsletter on the website.

Visit EBR Website

We thank our Economic Forecast Luncheon sponsor:

JPMorgan Chase & Co.


The buzz is strong, but where are the jobs?

The buzz about the Tucson economy is strong, with many more firms announcing plans to add jobs here than there were in 2016. But while the buzz is strong, actual job growth in 2017 has been mediocre.

Firm Announcements of Job Increase
Firm Announcements of Job Increase

In 2016, Tucson posted the fastest job growth since 2012. Even so, growth was slow compared to peer metropolitan areas, Arizona and the nation. Most new jobs were in service-providing sectors. In an encouraging development, manufacturing added more than 600 jobs last year, driven by gains in the high-paying aerospace sector. Where will job growth be next year? Will announcements of job increase translate into faster employment gains?

The U.S. dollar has lost ground to the Mexican peso lately but remains stubbornly high. The strong dollar is weighing on Arizona’s exports to Mexico, our most important trading partner. Will the dollar continue to fade next year against the peso? When will that translate into improved export performance?

While the U.S. economy continues to grind out growth, monetary policy is transitioning and fiscal policy seems poised for change. What’s next for the stock market, monetary policy, fiscal policy? What will the new political environment mean for future U.S. and global growth?


Event Details

Friday, December 8, 2017
Registration: 11:30 a.m.
Luncheon: Noon-1:30 p.m.

Westin La Paloma Resort & Spa
3800 East Sunrise Drive
Tucson, Arizona

Cost: $80 per person, $800 per table of 10 before November 21 (add $5 per person after November 21)

Please note that no portion of your individual ticket or table payment qualifies as a charitable contribution.



Individual ticket price is $80, and a table of ten may be purchased for $800.

Registration is now closed. Please contact Rebecca Richmond at 520.626.9137 or outlook@email.arizona.edu to register.

Please note that no portion of your individual ticket or table payment qualifies as a charitable contribution.


Presenter Bios

George W. Hammond brings a wealth of experience in state and local econometric forecasting and regional economic analysis, as well as, wide-ranging academic research interests to bear on his role as director of the Eller College’s Economic and Business Research Center. A specialist in econometric forecasting for more than 20 years, he has designed, built and used economic models to produce more than 100 forecasts for state and local economies, and completed more than 50 regional economic studies on topics including economic and workforce development, energy forecasting and the impact of higher education on human capital accumulation.

Anthony Chan joined J.P. Morgan in 1994 and currently serves as the chief economist for Chase. His responsibilities include economic analysis and research in support of Chase and the Private Bank’s Global Investment Committee. A member of several forecasting panels, Chan received his bachelor’s degree in finance and investments from Baruch College in 1979 and his master’s and PhD degrees in economics from the University of Maryland. After completing his doctoral studies, he was a professor of economics at the University of Dayton. He served as an economist at the Federal Reserve Bank of New York from 1989 to 1991 and was a senior economist at Barclays de Zoete Wedd Government Securities from 1991 to 1994.


For more information, please contact us at 520.626.9137 or outlook@eller.arizona.edu.