- SCU Home Page
- About SCU
- On Campus
- News & Info
University Press Releases
Economic Forecast by Esteemed Economics Professor Mario Belotti, Feb. 5 and Feb. 14
Friday, Feb. 1, 2013
SANTA CLARA, Calif., Feb. 1, 2013 — Santa Clara University’s esteemed professor of economics, Mario Belotti, will be sharing his annual economic forecast on two occasions, on Feb. 5 in San Francisco and on Feb. 14 in Santa Clara, Calif.
A local tradition for more than 40 years, Prof. Belotti’s forecast has garnered a large following among Bay Area business leaders, bankers, nonprofits and others whom Prof. Belotti advises on economic issues. Tickets regularly sell out in advance.
Last year, Prof. Belotti correctly projected that inflation would stay low in 2012. It went from an average of 3.16 percent in 2011 to 2.07 percent in 2012. He also accurately forecast that interest rates would stay low while unemployment worked its way down from the then-rate of 8.5 percent. Unemployment is currently 7.9 percent. This year he is predicting continued economic improvement.
Media are invited to attend either event. Registration for alumni, students and others is available at http://www.scu.edu/alumni/alumni-events/events.cfm.