Release Date: September 28, 2020
Duration: 60 minutes
Dr. Robert Eyler will discuss recent forecasts and data to provide credit unions with guidance during budget and strategic planning seasons about the direction of the CA and NV economies in light of large uncertainty as 2020 slowly draws to a close. The data on the national economy provide context, especially what states are recovering more quickly than CA and NV and why, and where the CA and NV economies are seeing more opportunities. Concerns for members and employees are rising without a viable vaccine; how 2020 ends and 2021 begins economically likely dictates the duration of recession and ultimate recovery timeline back to early 2020 jobs and incomes. Housing markets have held firm for now, and Dr. Eyler explains what may be the reasons and also how members and employees may react to a change in housing markets and what that change may depend on as 2021 unfolds. Dr. Eyler provides indicators to watch and considerations for the future as your CU and your boards plan for the next few years.
MEET THE PRESENTER
Dr. Robert Eyler is professor of economics at Sonoma State University; director of the university’s Center for Regional Economic Analysis; president of Economic Forensics and Analytics; and a long-time board member of Redwood Credit Union. Eyler has authored books and academic articles concerning monetary economics and policies, macroeconomic policies, banking topics, derivative markets, international finance, and the economics of the wine industry. He is often interviewed by regional news media for his expertise and has acted as an expert witness in interstate trade litigation, as well as a forensic economist. He has served as CEO of the Marin Economic Forum from 2009 – 2015. Eyler has provided several economic-impact analyses for private firms and public entities to help guide public policies at the local and state levels.