LOS ANGELES – (INT) – UCLA’s Anderson Economic Forecast has issued a ‘recession watch’.

It’s not predicting a recession but says with an unprecedented change in national economic policy, “the adjustment to the new economic landscape will come with costs.”

Financial markets remain in flux as investors try to parse the risks and opportunities. Consequently, uncertainty for builders and homeowners alike is elevated.

In the fire zones around Los Angeles, there is uncertainty for builders and homeowners alike. Rebuilding comes with uncertainty with respect to labor and materials. The forecast warns that “interest rates can have a profound impact.”

Story Date: May 27, 2025