The American Architectural Manufacturers Association (AAMA) hosted Dr. Jim Doti, president emeritus at Chapman University and Donald Bren Distinguished Chair of Business and Economics, at the AAMA 80th Annual Conference in Phoenix, Feb.12-15. Doti provided an economic forecast and shared some predictions specific to the housing market.
The A. Gary Anderson Center for Economic Research at Chapman University provides a top-ranked forecast of real gross domestic product (GDP) in terms of accuracy, said Doti, adding that recently, due to the recent presidential election, statisticians "have gotten a bad rap." That said, Chapman has been correct in previous elections ever since Nixon.