Into the Mystic: WSJ’s ‘most accurate forecaster’ on where the economy is headed [encore - 06.10.24]

Back in June, Belinda Román, 2023’s most accurate forecaster, according to The Wall Street Journal , and CBRE Econometric Advisors’ Dennis Schoenmaker opine on the art, science and technology involved in predicting the ebbs and flows of the global economy. Insights to Share: Belinda Román, Associate Professor of Economics at St. Mary’s University, expects GDP growth of 3% this year. CBRE EA’s Dennis Schoenmaker expects GDP to hover around 2%. Even with slower economic growth, there will be opportunities in commercial real estate. Regional, national and global forecasting requires a deep understanding of the available data. In commercial real estate, where information has historically been opaque, future forecasting can be enhanced by AI.