2013 Economic Forecast by Dr. Mario Belotti
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At the Economic Forecast in February, Dr. Mario Belotti, the W.M. Keck Professor of Economics and a veteran observer of the economic trends in Silicon Valley and the nation, offered keen insights on what to expect in the year ahead. After witnessing European economic crises, a slowdown in China, and the fiscal cliff in 2012, he foresees 2.5 percent growth this year. Factors contributing to this growth include improvements in the industrial, housing and manufacturing sectors, rising economic indicators, and increased consumer wages, spending and wealth.
Belotti predicts inflation will remain low this year, along with long-term interest rates.The Economic Forecast is an annual event hosted by the SCU Alumni Association in partnership with the Leavey School of Business.
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