Forecasts

  • Fall-Economic-Forecast-2015-Chris-Thornberg-Audience-1280-525

Local Economic Forecast

Local-Economic-Report-2017-Cover-240-300The Local Economic Forecast Reports provides a snapshot of the strengths and weaknesses in the Sonoma County economy. Using U.S. Précis Metro data from Moody’s Analytics, the report analyzes employment, income, migration patterns, industries, and economic output to better understand current and expected economic conditions for the County. This report is presented in partnership with the Sonoma County Workforce Investment Board (WIB). 

Business Confidence Report

Business-Confidence-Report-2017-Cover-240-300The Business Confidence Report surveys local business executives’ to gain their perceptions of current and future economic conditions in Sonoma County and nationwide. The report, produced in partnership with the Sonoma County Workforce Investment Board (WIB), includes the Sonoma County Business Confidence index, which measures business executives’ confidence in the county’s economy on a 10-point scale, with a score of 1 representing the lowest possible confidence level and 10 the highest.

Economic Forecasts Presentations

The EDB hosts two events per year to forecast economic conditions for Sonoma County. 

Spring Economic Forecast: June

Forecast-Steve-Cochrane-Moodys-Analytics-PhotoDr. Steve Cochrane, of Moody’s Analytics, offers his annual economic briefing each Spring for the Sonoma County business community. His presentation measures the County’s strengths and weaknesses compared to the national economy and provides insight into what to expect ahead.

Dr. Cochrane is managing director of Moody’s Analytics and has been featured on Wall Street Radio,PBS NewsHour and PBS NewsHour. He oversees the U.S. regional forecasting service and directs the research and development activities for Moody’s. He also edits the Regional Financial Review, the monthly publication that analyzes U.S. macro, regional, industry and international trends.

Please see the following links for the most recent Sonoma County reports provided by Moody's Analytics. 

 Fall Economic Forecast: October

Forecast-Chris-Thornberg-Beacon-Economics-PhotoThis annual breakfast event features Dr. Chris Thornberg, Principal of Beacon Economics and one of the state’s leading economic forecasters. This popular presenter discusses the future of California’s economy, Sonoma County and what local businesses can expect for the coming year. An expert in labor markets, real estate dynamics, and regional development, Dr. Thornberg was one of the earliest predictors of the housing market crash and of the economic recession that followed in 2008. 

Dr. Thornberg holds a Ph.D in Business Economics from The Anderson School at UCLA and in 2015, was named to California State Treasurer John Chiang's Council of Economic Advisors, the body that advises the Treasurer on emerging strengths and vulnerabilities in the state's economy.

    Contact Information

    Economic Development Board
    Business Hours
    Monday – Friday
    8:00 AM – 5:00 PM
    Contact us by Phone
    Address
    141 Stony Circle, Suite 110
    Santa Rosa, CA 95403
     

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