The sold-out OCBC/CSUF 30th Annual Economic Forecast Conference also marks release of report
IRVINE, CA (October 25, 2024) — California State University, Fullerton (CSUF) economists Dr. Anil Puri and Dr. Mira Farka described the economy—locally and nationally—as maintaining, but sticky due to inflation—at the 30th Annual Economic Forecast Conference on October 24 in Irvine. A collaboration of CSUF and Orange County Business Council (OCBC), the conference also marked the release of the 2025 CSUF Economic Forecast Report.
This year’s theme, “The ‘Vibes’ Economy: Outlook for Growth and Inflation Amidst Election Uncertainty,” had economists Dr. Puri and Dr. Farka explaining the disconnect between hard data and sentiment, or the vibe that consumers are feeling where the majority are not doing so well. While labor market data is showing good signs, and the overall economy is maintaining, the disconnect is due to two things being squeezed: housing costs and wages. The CSUF economists presented to a sold-out audience of 500 attendees.
Dr. Anil Puri is the Director of the Woods Center for Economic Analysis and Forecasting at CSUF and Dr. Mira Farka, a Professor of Economics, serves as the Co-Director of the Woods Center for Economic Analysis and Forecasting at CSUF. Puri served as dean of the College of Business and Economics at CSUF. Farka has been published in leading academic journals and is a nationally recognized economist in business and economic forecasting.
Title sponsor of the 30th Annual Economic Forecast Conference was Farmers & Merchants Bank.
About Orange County Business Council
For nearly 30 years, Orange County Business Council (OCBC) has been representing and promoting the region’s business community together with government and academia to enhance the economic development of Orange County, California. The Council’s core initiatives include developing pro-business solutions that lead to economic growth, education development that leads to a competitive workforce, advocating for a range of housing, and advocating for adequate investment in regional and statewide infrastructure for the nation’s sixth most populous county. Member organizations include businesses and local organizations representing a diverse cross section of industries including biomedical, construction, education, financial services, health care, manufacturing, municipalities, nonprofit, real estate, technology, tourism, transportation, real estate and utilities. For more information, visit ocbc.org.
Media Contact:
Lizz Mishreki, APR
Vice President of Communications
Orange County Business Council
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