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Event to present 2022 outlook from ASU, national economists

Speakers from across the country and region to share what’s in store for the year ahead at the 58th annual ASU/PNC Bank Economic Forecast Luncheon

Lee McPheters, Research Professor of Economics and Director of the W. P. Carey Economic Outlook Center at ASU

Economic Outlook Center Director Lee McPheters. Photo by Charlie Leight/ASU News

November 16, 2021

Employment is recovering from the severe contraction induced by the pandemic, but it is still way below levels at the start of 2020. Can it fully recover this year? What is the expected role of the stimulus legislation on growth, employment and inflation? What are the perspectives for the Arizona economy?

Top national and regional experts will present their economic forecasts and advice on these issues and more at the Economic Forecast Luncheon, hosted by the W. P. Carey School of Business at Arizona State University and sponsored by PNC Bank.

The keynote address, presented via Zoom, will be given by Lawrence H. Summers, the Charles W. Eliot University Professor and president emeritus of Harvard University. The outlook for the U.S. economy will be presented by Gus Faucher, the chief economist of the PNC Financial Services Group. The outlook for the regional and metro economy will be shared by Lee McPheters, research professor of economics and director of the Economic Outlook Center at ASU.

The event will be held from 11:15 a.m. to 1:30 p.m. Wednesday, Dec. 8. Attendees can join virtually via Zoom and in person in the Grand Ballroom of the Renaissance Phoenix Downtown Hotel. To register, visit

McPheters is available for media opportunities in person at the Renaissance Phoenix Downtown Hotel before the event from 10 to 11 a.m. Dec. 8. He’s also available from 10 a.m. to 2 pm. Dec. 6, via Zoom. Reporters can schedule interviews by emailing Shay Moser at

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