Local Economic Forecast
The 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).
Economic Forecasts Presentations
The EDB hosts forecast events throughout the year to forecast economic conditions for Sonoma County.
Fall Economic Forecast
This 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.