Business & Economy Georgia Impact

Georgia Economic Outlook for 2021 set for Dec. 3

UGA's Business Learning Community is part of Terry College. (Photo by UGA Staff)

UGA’s economic forecast will be released at a virtual event this year

Economic forecasters from the University of Georgia and the Federal Reserve Bank of Atlanta will provide essential insights for these uncertain times at this year’s Georgia Economic Outlook.

For the first time in the program’s 38-year history, the event will be hosted virtually and streamed on YouTube. The live program will take place from 10-11 a.m. on Thursday, Dec. 3.

Registration is free and required to receive a link to the live event and digital access to the complete Georgia Economic Outlook 2021 booklet from the Selig Center for Economic Growth.

Benjamin C. Ayers, who has served as dean of UGA’s Terry College of Business since 2014, will deliver the Georgia economic forecast. David E. Altig, vice president and director of research for the Federal Reserve Bank of Atlanta, will deliver the national forecast. Altig is an adjunct professor of economics at the University of Chicago and vice president-elect of the National Association for Business Economics. UGA President Jere W. Morehead will provide opening remarks.

The Terry College of Business is offering the virtual event free of charge as a public service to private and public sector employers, chamber leaders and elected officials across the state. Traditionally, UGA’s Selig Center for Economic Growth releases its forecast at a December luncheon in Atlanta attended by hundreds of guests, followed by a series of local forecasts in eight cities around the state. Public health guidance on large, in-person gatherings led to the cancellation of the college’s statewide tour this year.

“This year has been anything but ordinary. Despite this, we are committed to providing reliable analysis of the nation’s economic trajectory and trends shaping Georgia’s fiscal outlook that business and governmental leaders have come to expect from us,” Ayers said. “We look forward to taking the expertise of the University of Georgia and the Selig Center on the road when we can safely do so again.”

For more information or to register for the Georgia Economic Outlook, visit