Pepperdine's 2025 Economic Outlook for Los Angeles

Focus: Los Angeles City Budget - Deficits and Opportunities

In the midst of a turbulent period in national economic policy, the City of Los Angeles announced its own $1B shortfall in the upcoming fiscal year. A significant part of the City’s dire estimates is due to decreased tax revenues resulting from decreased economic activity in the area. Other components of the crisis are government overspending, including a tripling of liability payouts and increased labor contracts.

Plans to close the deficit include significant cuts to valued public services, and some are proposing raising revenues through new fee and tax measures. In light of many of these challenges, Los Angeles was recently tabbed as the metro area leading the nation in residents leaving the city.

Partnering with the respected Los Angeles-based economic research firm, Beacon Economics, the Pepperdine School of Public Policy invites you to an important and informative breakfast meeting in Downtown Los Angeles, as we discuss the 2025 Los Angeles Economic Outlook. 

Leading with an overview of timely datapoints by Beacon Economics’ CEO, Dr. Chris Thornberg, we will then delve into the state of City finances on a panel moderated by policy school dean, Pete Peterson.

All attendees will receive helpful fact sheets with the major points of the presentation outlined. Join us for this wide-ranging discussion that seeks to highlight solutions to the City’s current policy challenges.

Presenting Partners: 

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