The Los Angeles Business Journal was excited to host the 2024 Economic Trends virtual discussion event on Thursday afternoon, February 1st.
The event featured two lively virtual panel discussions featuring leading experts on the hottest topics on the minds of LA area business leaders at the start of this year. The panels offered an insightful look back on the unprecedented challenges and silver linings of the past few years while providing a deep dive into the economic trends we are facing moving forward into 2024.
Our outstanding group of panelists and moderators examined the issues as they shared their experiences and predictions for the year to come. The panels this year focused on an overall outlook for 2024 and the latest perspectives on the direction the real estate market is going, with expert insights and analysis about the impact current trends are likely to have on the overall economic climate.
TRENDS TO EXPECT IN 2024
The Trends panel featured Mike Amerio, managing partner at Lucas Horsfall; Chris Baron, regional president for Banc of California; Stephen Cheung, president and chief executive officer for the Los Angeles County Economic Development Corporation (LAEDC); Kerra Diener of Withum; and Kandee Lewis, CEO/ president of the Positive Results Center and civil and human rights commissioner for the City of Los Angeles.
Each of the experts weighed in on a variety of hot real estate issues and talking points, including:
• Potential new tax laws
• Potential sunsets in 2026 and how they will affect businesses
• The latest update on employee retention credit and potential IRS audits
• Why it is critical to involve Black Women in the conversation of economics, and finances to bridge disparity gaps
• The effects of artificial intelligence on diverse communities
• The impact nonprofits have on the future of economic trends
• Entrepreneurs’ and business owners’ out-look on the economy
• The biggest challenges facing LA businesses
•…
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