Augusta University to Present Economic Forecast

Augusta University Cree-Walker Chair and Professor of Economics Simon Medcalfe will share his analysis of Augusta’s economy and predictions for the coming year during the University’s Annual Economic Forecast.

The annual forecast is hosted by the James M. Hull College of Business. For the first time in the program’s history, the event will be hosted virtually and released on YouTube. 

Medcalfe is the author of the Augusta Leading Economic Index (Augusta LEI), a monthly composite index that combines several national, regional, and local indicators into a single variable. He has also published several academic articles on sports economics, health economics, and the economics of religion as well as economic and financial literacy.

“We have been doing an economic forecast breakfast since 2008. Usually, it is an in-person event on the Summerville campus, but this year will have to be different because of COVID-19,” Medcalfe said.

Beginning Feb. 22, a video will be posted daily on the university’s YouTube channel ( The four video segments will cover area unemployment, local employment, the state of Georgia, and the forecast.

“2019 saw historically high economic numbers; and in my presentation last year, I predicted more record numbers for 2020. We certainly saw some, and they weren’t all bad,” Medcalfe said.

We ask that questions about the economic forecast be submitted to Questions with Medcalfe’s responses will be posted following the economic forecast on the same YouTube channel.

Written by
Tim Rausch

Tim Rausch is a Communication Strategist in the Dean's Office at the Medical College of Georgia at Augusta University.

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Written by Tim Rausch

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The James M. Hull College of Business is accredited by AACSB International and offers outstanding, highly-engaged business education at the undergraduate and graduate levels.