History of the California Economic Forecast

The California Economic Forecast has been preparing publications and presentations for more than 25 years. The firm was founded in 1989 by Dr. Mark Schniepp as the private consulting arm of the UCSB Economic Forecast Project.

The firm was involved in numerous customized research projects during the 1990s, including economic analysis of large and small scale projects in San Luis Obispo, Ventura, and Santa Barbara Counties.

Dr. Schniepp left UCSB in early 2000 to devote full time effort to the California Economic Forecast. The company has expanded rapidly since this time, and has developed into a full service economic consulting firm with expertise on the California economy.

The UCLA Anderson Forecast partnered with the California Economic Forecast in 2003.

The California Economic Forecast incorporated in 2004.

Capabilities and Recent Projects

The California Economic Forecast performs research and analysis for business and public sector clients. The firm has developed a prolific database on California and its regional economies, allowing it to address a wide range of topics.

Our capabilities include:

Economic forecasts for California, all 58 of its counties, and many of its sub-county regions
Real estate forecasts
Public revenue forecasts
Economic impact studies
Economic policy studies
Economic presentations and public speaking for business, government, and non-profit groups
Regional economic profiles

Examples of recent projects:

58 county-level forecasts for Caltrans
25 county-level forecasts for Kaiser Permanente
Forecasts of home prices, home sales, new housing development, and commercial real estate development
Economic impact of the development of California’s energy resources
Economic profile of the City of Carpinteria
Economic impact of real estate development in the Santa Clarita Valley

The firm also hosts economic outlook conferences, and participates in conferences by partner organizations. Recent events include: