Commentary Despite problems with the supply chain and inflation, the recovery from the brief COVID-19 recession of 2020 should continue. That’s according to the recent forecast given by Jim Doti, Chapman president emeritus and economics professor, at the Musco Center for the Arts on the school’s Orange campus. Doti first joked about being kind of like Usain Bolt in winning the October 10 Chicago Marathon—for the 75-79 age group. Then he noted Chapman’s forecast of a year ago once again was the most accurate in the nation, with a spot-on prediction of 5.7 percent real GDP growth for 2021. An average of other forecasts came in at just 4.2 percent. Two others were Wells Fargo at 4.8 percent and UCLA at 3.6 percent. The expectation for 2022 is a little more modest, at 4.4 percent, but that’s still “gangbusters,” Doti said. Of course, the main worry now is inflation. Chapman …
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