California | December 8, 2016

UCLA Anderson’s ‘Trumponomics’ Impact on California Economy

The UCLA Anderson Forecast revised its third quarter 2016 outlook to reflect its predictions for California’s economy under the the Donald Trump presidential administration. The report, first released before the presidential election, assumed Hillary Clinton would win.

Prognostications were updated for national, state and local economies. Key findings included:

Nationally, UCLA Anderson Forecast’s Senior Economist David Shulman said: “The net result of new policies would be a massive fiscal stimulus on an economy at or very close to full employment.”

In California, UCLA Anderson Forecast’s Senior Economist Jerry Nickelsburg said, “The increase in defense spending will be disproportionately directed to California, as sophisticated airplanes, weaponry, missiles and ships require the technology that is produced here. Moreover, there are few places to build the proposed 150 new warships, and San Diego is one of them. Regionally, we expect a positive impact in the Bay Area and in coastal Southern California.”

In Los Angeles, UCLA Anderson Forecast’s Economist William Yu noted that, with a positive outcome of the trade policy, an additional 24,000 jobs could be added to the logistics sector.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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