ASU economists to share projections, trends at Economic Outlook

One of the longest-running, most in-demand forecast events in the Valley live on Zoom May 6

April 30, 2021

According to Arizona State University economists, the state and national economic outlook have brightened as federal stimulus programs are expected to boost output and employment in the months ahead.

With the economy rebounding and consumers looking forward to resuming more normal spending patterns, the annual Economic Outlook is an important event to attend. One of the longest-running, most in-demand forecast events in the Valley will be offered live on Zoom, presented by the Economic Club of Phoenix from noon to 1 p.m. Thursday, May 6.  Arizona skyline

Economic Club of Phoenix events are free of charge this spring, and all are invited to attend the premier business speaker series. Register at

Top experts from Arizona State University's W. P. Carey School of Business who are regularly interviewed in the press for their expertise in the national, state and local economy, as well as trends in commercial and residential real estate, examine the changing economy, projections and trends that are affecting the greater Phoenix landscape and beyond.

Featured speakers

• Amy Ostrom, interim dean of the W. P. Carey School of Business and PetSmart Chair in Services Leadership, will moderate the Economic Outlook and W. P. Carey economists will answer audience questions during an interactive Q&A session.

• Dennis Hoffman, a professor of economics and director of the Seidman Research Institute, will discuss the likely trajectory of national economic growth as the economy recovers from the pandemic and gets tailwinds from the stimulus and plans for infrastructure spending. The presentation will also provide an assessment of risks and opportunities that frame the 2021 economy.

• Lee McPheters, research professor of economics and director of the JPMorgan Chase Economic Outlook Center, will offer the latest forecasts for Arizona and the Phoenix metro area for key indicators, including employment, income and population growth, along with an analysis of major industries such as health care, hospitality, construction, electronics, finance and transportation.

• Mark Stapp, Fred E. Taylor Professor in Real Estate and executive director of the Master of Real Estate Development program, will share highlights from the latest Commercial Brokers Survey and trends that could shape the U.S. real estate market heading into 2022.

Shay Moser

Managing Editor, W. P. Carey School of Business


Grad develops online peer tutoring platform during time at ASU

April 30, 2021

Editor's note: This story is part of a series of profiles of notable spring 2021 graduates.

Michael Wang discovered his passion for revolutionizing tutoring during his time at Arizona State University through his venture, PeerSquared. Headshot of the featured graduate, Michael Wang Michael Wang graduates this May with a bachelor's degree in finance and computer information systems through the W. P. Carey School of Business and was a Barrett, The Honors College student. Download Full Image

While in high school, he spent many nights frustrated with homework and studying with little to no help. In attending ASU, he discovered more resources and support, but saw his younger brother struggle with the same frustrations he did. Using his brother's stress from studying AP Biology late at night and leveraging resources at ASU, PeerSquared was created in 2018. PeerSquared is an online peer tutoring platform to connect students and tutors to their individual studying needs while providing volunteer opportunities for students. 

Wang graduates this May with a Bachelor of Science in finance and computer information systems through the W. P. Carey School of Business. The Barrett, The Honors College student received the New American University President's Award as well as the School of Transborder Studies PULSE (People-Power Undergoing Life Sustaining Education) Scholarship.

For developing PeerSquared, he earned over $10,000 through the Venture Devils program run by the J. Orin Edson Entrepreneurship + Innovation Institute at ASU. He hails from Chandler, Arizona. Learn more about Wang in this Q&A below.

Question: What’s something you learned while at ASU — in the classroom or otherwise — that surprised you or changed your perspective?

Answer: While at ASU, I learned just how impactful the learning environment can be to motivation and success. If ASU did not hold events and opportunities for students to learn and explore, such as the Startup Summit or the Sunhacks Hackathon, I don't know what I'd be doing right now with my life. I am very thankful for the continuous development of the wide variety of low-risk learning opportunities ASU offers because they gave me many chances to try new things, ask questions and ultimately find something that motivated me to not only do more for my own interests but also for the interest of others' success.

Q: What are your plans after graduation?

A: After graduation, I plan to keep working on PeerSquared. My goal is to be in every Arizona public school district with a high school within five years. Aside from PeerSquared, I am considering a master's program to further my leadership abilities.

Q: What problem does PeerSquared solve?

A: We believe all K–12 students should always have accessible, effective and relatable academic support. However, COVID has made it more evident that such a thing does not exist. That's why PeerSquared helps K–12 schools build peer tutoring programs, so students can always have access to free and relatable help whenever they need it. Unlike other tutoring solutions, we work closely with schools to establish peer tutoring as a core resource within the school community to boost both student grades and engagement.