Eller’s Economic Outlook Luncheon presented by PNC Bank
Join us for lunch with Eller’s Jennifer Pullen and George Hammond, as well as Jay Hawkins, senior economist at PNC Financial Services Group, as they offer analysis and insights on what to expect for the global, state, and local economies in the future.
When: Friday, December 12, 2025
12:00pm-1:30pm
Registration opens at 11:30am
Where: Westin La Paloma Resort
Grand Canyon Ballroom, 3800 E. Sunrise Drive, Tucson, AZ 85718
Download Presentation Slides From the 2025 Eller Economic Outlook Luncheon
For more information call EBRC Special Events at 520-621-2155 or email outlook@eller.arizona.edu
Arizona’s economy lost steam last year, with very slow job gains. That weakness has continued into 2025, according to the preliminary data. This has been matched by modestly rising unemployment and rapidly falling hire rates. Overall, the labor market appears to be on a knife-edge, if the preliminary data are correct. Income growth was also slow to start the year, but taxable retail sales growth has firmed through June. Housing cost burdens remain very high, with housing permit activity down so far this year, compared to the same period last year.
Where are the global, national, state, and local economies headed next? How fast will the Federal Reserve reduce interest rates? Will housing affordability improve with falling interest rates? Will Arizona’s labor market regain its vigor? How will tariffs and mass deportations impact the U.S. and state economies? Can asset prices continue to rise?
Be sure to register and attend this key event!
About PNC Bank: PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.
About the University of Arizona Eller College of Management: Home to 8,100 undergraduate and 1,300 graduate students, the University of Arizona Eller College of Management is a comprehensive business school with a global reputation for innovative research, rigorous curriculum, a distinguished faculty, excellence in entrepreneurship and social responsibility. The College’s mission is to support and develop a community of scholars and learners whose knowledge, integrity and entrepreneurial spirit will transform business and society. For more, visit eller.arizona.edu.
