Institute for Economic Forecasting News

The Pasta Bowl Recession began with a whimper and will end the same way in 2023, predicts Sean Snaith, director of UCF’s Institute for Economic Forecasting.

The Institute for Economic Forecasting strives to provide complete, accurate and timely national, state and regional forecasts and economic analyses.

With the Federal Reserve making its first interest rate hike in three years in March, UCF’s Institute for Economic Forecasting predicts the 0.25% increase will be the first of many.

Economic issues stemming from COVID-19 continue to be a challenge as Russia’s invasion of Ukraine adds to price increases.

UCF’s Institute for Economic Forecasting released its final 2021 quarterly Florida & Metro Forecast, authored by Director Sean Snaith.

UCF economist Sean Snaith says the current forecast assumes the economic policies of the incumbent Trump administration will be in place throughout the forecast horizon.

In the short-term, Sean Snaith’s forecast predicts average economic growth will maintain a 3.1 percent annual increase through 2022 with tax cuts and faster wage/salary growth fueling the expansion.

The growth and strength of Florida’s economy is expected to outpace the national economy through 2022, predicts national economist and University of Central Florida faculty…

At more than $22 trillion, the U.S. government’s debt is higher than it has ever been, but the rising debt level alone is not enough…