We are thrilled to continue our long-standing partnership with the Journal of Business to bring you the 29th annual Economic Forecast, themed “The Resilience Economy.” This annual gathering brings together economists, business leaders, and regional experts to explore how businesses and communities can prepare for uncertainty, adapt to changing conditions, and make informed decisions about the future.

Artificial intelligence is expected to bring important changes to the American economy. Many believe it will make businesses more efficient, increase productivity, and create new avenues for growth. 
Financial markets have responded with great enthusiasm. But if we look at economic history, we find that the benefits of big technological changes usually take much longer to show up in the wider economy than investors might hope.

A balding French philosopher once said demography is destiny, and just looking at the labor market, Auguste Comte might have been onto something. The Baby Boom generation is actively aging into retirement and that dynamic is driving the labor force participation rate downward, while also increasing demand in specific parts of the economy such as healthcare.