CHAMBER THEME. Tom Schultz Chamber Board of Directors Chair Vice President Tyler Sales
|
|
- Mavis Hicks
- 5 years ago
- Views:
Transcription
1 WELCOME
2 EVENT SPONSORS
3 CHAMBER THEME Tom Schultz Chamber Board of Directors Chair Vice President Tyler Sales
4 CHAMBER THEME
5 EVENT PARTNERS
6 SIGNATURE SPONSORS
7 VISIT OUR DISPLAYERS Aquastar Cruises Blue Horizons Wellness / Schneider Risk Management HealthWest Medendorp Real Estate Group Muskegon Area Intermediate School District Muskegon Country Club Muskegon Area First Next I.T. Padnos Shoreline Recycling Ramos + Sons Body Shop Sonus Hearing Care Professionals United Way of the Lakeshore
8 TODAY S PROGRAM Darryl Todd Interim President/CEO Muskegon Area First
9 TODAY S PROGRAM Paul Isely, Ph.D Economist Associate Dean of Undergraduate Programs Seidman College of Business at Grand Valley State University
10 A View of the Economic Conditions in Muskegon 2019 Dr. Paul Isely
11
12 My Accuracy in Past Journeys Forecast vs Actual Employment Growth For West Michigan Using Grand Rapids and Muskegon MSA CES Data Percent Change Through November Low Estimate High Estimate Actual
13 Current conditions along the lake are Yellow Flag with worsening conditions forecasted.
14
15 What are the indicators that show the wave has crested?
16 CONFIDENCE West Michigan Confidence Index Forecast Government Companies Source: Seidman
17 FULL POTENTIAL Real GDP (billions of 2009 dollars) $19,000 $18,000 $17,000 $16,000 $15,000 $14,000 $13,000 $12,000 GDP vs Potential Source: BEA, CBO, and Isely
18 COMPENSATION CONSTRAINT 2.5 Percent of Productivity Growth Accruing to Labor 2 Source: BLS
19 INPUT CONTRAINT 0.15 Input vs Output Prices Source: BLS
20 MONEY CONSTRAINT TEN Year vs ONE Year Teasury Rates (YEILD CURVE) Source: Treasury
21 Does Muskegon have the talent to ride the wave?
22 WAGES $27.00 $26.00 $25.00 $24.00 $23.00 $22.00 $21.00 $20.00 Average Hourly Wages November 2018 Michigan Grand Rapids Muskegon Source: BLS
23 WAGE GROWTH Smoothed YOY Hourly Wage Growth 14% 12% 10% 8% 6% 4% 2% 0% -2% % -6% Source: BLS & Isely MI GR MKG DET
24 EMPLOYMENT Employment Growth Muskegon 6% 4% 2% 0% -2% % -6% -8% -10% -12% Muskegon 12MM Muskegon 3 MM Source: BLS and Isely
25 EMPLOYMENT GRAND RAPIDS Employment Growth Grand Rapids 6% 4% 2% 0% -2% % -6% -8% -10% Grand Rapids 12MM Grand Rapids 3MM Source: BLS and Isely
26 EMPLOYMENT POTENTIAL Source: ACS
27 What are the important flags to watch?
28 Housing Vs Housing Units 1,500 Housing Units vs Households Muskegon MSA 1, ,000 year Housing Units Since 2010 year Housholds Since 2010
29
30 Preparing for the Rough Waters Ahead Prepare for: Tougher borrowing conditions Accelerating compensation Smaller, less qualified worker pools Plan for Taking advantage of a short, shallow recession
31
32 EVENT SPONSORS
33 Economic Forecast 2019
34 Sam Hansen 1st Promise Scholar Muskegon High School 2015
35 Dream Bigger! FUNDS already committed Mercy Health Sheryl & Dan Kuznar Family Julie & Pat Donahue Family Swanson Pickle Co. Eklund Holdings, LLC Kathy & Steve Parker Family MasterTag Executive Air Transport
36 Economic Forecast 2019
37 UPCOMING EVENTS STIR Networking Event Family Edition Tuesday, January 29 5:00PM 7:30PM Muskegon Winter Sports Complex Event Sponsor: Event Partners:
38 UPCOMING EVENTS Food & Facts: Business Planning Thursday, February 7 11:00AM 12:30PM Muskegon Area Transit System Event Partners:
39 UPCOMING EVENTS Muskegon STAR! Certification Training Wednesday, February 20 1:00PM 5:00PM West Michigan Works! Event Sponsor: Event Partners:
40 UPCOMING EVENTS Event Partners: Business for Breakfast State of the South County Friday, February 22 7:15AM 9:00AM Folkert Community Hub
41 ANNUAL REPORT Pick up a copy of our 2018 Annual Report on your way out!
42 CHAMBER THEME
2019 ECONOMIC FORECAST AND FINANCIAL MARKET UPDATE
2019 ECONOMIC FORECAST AND FINANCIAL MARKET UPDATE January 14, 2019 Scott Colbert, CFA Executive Vice President Director of Fixed Income & Chief Economist scott.colbert@commercebank.com GLOBAL GROWTH EXPECTATIONS
More informationAs Good as it Gets. The Aging Expansion Powers On... but for How Much Longer? Andrew J. Nelson Chief Economist USA, Colliers International
As Good as it Gets The Aging Expansion Powers On... but for How Much Longer? Andrew J. Nelson Chief Economist USA, Colliers International #NMHCstudent @ApartmentWire Ten Years After: A Full if Imperfect
More informationGlobal economy maintaining solid growth momentum. Canada leading the pack
Global economy maintaining solid growth momentum Canada leading the pack Dawn Desjardins (Deputy Chief Economist) (416) 974-6919 dawn.desjardins@rbc.com September 2017 Brighter global outlook gains traction
More information2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy
2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy PRESENTING SPONSOR EVENT PARTNERS 2 The forecasts and commentary do not constitute an official viewpoint of Old Dominion University,
More informationCharting a Path to Lift Off? Understanding the Shifting Economic Winds
Charting a Path to Lift Off? Understanding the Shifting Economic Winds Thomas F. Siems, Ph.D. Assistant Vice President and Senior Economist Federal Reserve Bank of Dallas Government Finance Officers Arlington,
More informationCanadian Teleconference: Can the Canadian Economy Survive the Turmoil in the United States?
Canadian Teleconference: Can the Canadian Economy Survive the Turmoil in the United States? Nigel Gault Chief U.S. Economist Dale Orr Canadian Macroeconomic Services Copyright 2008 Global Insight, Inc.
More informationThe Global Economy: Sustaining Momentum
The Global Economy: Sustaining Momentum David J. Stockton Senior Fellow Peterson Institute for International Economics Chief Economist Monetary Policy Analytics October 5, 2017 What s Driving the Global
More informationABA Commercial Real Estate Lending Committee
ABA Commercial Real Estate Lending Committee Commercial Real Estate Outlook The Good, the Bad and the Ugly January 16, 2019 Rob Strand Senior Economist American Bankers Association aba.com 1-800-BANKERS
More informationBig Changes, Unknown Impacts
Big Changes, Unknown Impacts Boulder Economic Forecast Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations January 17, 2018 Real GDP Growth
More informationNational and Virginia Economic Outlook Professor Robert M. McNab Dragas Center for Economic Analysis and Policy Strome College of Business
National and Virginia Economic Outlook Professor Robert M. McNab Dragas Center for Economic Analysis and Policy Strome College of Business October 24, 2018 The forecasts and commentary do not constitute
More informationU.S. Economic Activity. Federal Reserve Bank of Dallas
U.S. Economic Activity Federal Reserve Bank of Dallas 2019 Contents 1 Economic Activity 2 Wages and Prices 3 Financial Activity Economic Activity Economic Activity Index 160 Consumer Confidence and Sentiment
More informationU.S. Economic Activity. Federal Reserve Bank of Dallas
U.S. Economic Activity Federal Reserve Bank of Dallas 2019 Contents 1 Economic Activity 2 Wages and Prices 3 Financial Activity Economic Activity Economic Activity New Orders for Durable Goods Billions
More informationU.S. Economic Activity. Federal Reserve Bank of Dallas
U.S. Economic Activity Federal Reserve Bank of Dallas 2019 Contents 1 Economic Activity 2 Wages and Prices 3 Financial Activity Economic Activity Economic Activity Index 160 Consumer Confidence and Sentiment
More informationEconomic Outlook. Peter Rupert Professor and Chair Department of Economics, UCSB Director, UCSB Economic Forecast Project
Economic Outlook Peter Rupert Professor and Chair Department of Economics, UCSB Director, UCSB Economic Forecast Project League of California Cities Monterey, CA December 3, 2014 Economic Update economic
More information10 County Conference. Richard Wobbekind. Executive Director Business Research Division & Senior Associate Dean Leeds School of Business
10 County Conference Richard Wobbekind Executive Director Business Research Division & Senior Associate Dean Leeds School of Business Hmm... (http://myfallsemester.blogspot.com) Real GDP Growth Percent
More informationHow Much Wind Is in the Sails?
How Much Wind Is in the Sails? Erie Chamber of Commerce Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations September 20, 2017 Real GDP Growth
More informationBob Costello Chief Economist & Vice President American Trucking Associations. Economic & Motor Carrier Industry Trends. September 10, 2013
Bob Costello Chief Economist & Vice President American Trucking Associations Economic & Motor Carrier Industry Trends September 10, 2013 The Freight Economy Washington continues to be a headwind on economic
More informationMore of the Same; Or now for Something Completely Different?
More of the Same; Or now for Something Completely Different? C2ER Place cover image here Richard Wobbekind Chief Economist and Associate Dean for Business and Government Relations June 14, 2017 Real GDP
More information2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy
2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy PRESENTING SPONSOR EVENT PARTNERS 2 The forecasts and commentary do not constitute an official viewpoint of Old Dominion University,
More informationFrom Recession to Recovery
From Recession to Recovery Monday, April 26, 2010 8:00 AM - 9:15 AM Moderator Michael Klowden, President and CEO, Milken Institute Speakers Mohamed El-Erian, CEO and Co-Chief Investment Officer, Pacific
More informationThe Economic Outlook. Economic Policy Division
The Economic Outlook Economic Policy Division Glass Half Full Six years of steady growth Real GDP Outlook Percent Change, Annual Rate 10 5 0-5 -10 1980 1985 1990 1995 2000 2005 2010 2015 Glass Half Full
More informationThe Economic Outlook. Economic Policy Division
The Economic Outlook Economic Policy Division Glass Half Full Six plus years of moderate growth Real GDP Outlook Percent Change, Annual Rate 10 5 0-5 -10 1980 1985 1990 1995 2000 2005 2010 2015 Glass Half
More informationNorthwest Economic Research Center College of Urban and Public Affairs Forecast Breakfast Economic Outlook
Northwest Economic Research Center College of Urban and Public Affairs 2019 Forecast Breakfast Economic Outlook 1/10/2019 2 U.S. ECONOMY 1/10/2019 3 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000
More informationThe Auction Market In 2015 & 2016 Review & Forecast. Dr. Ira Silver NAAA Economist
The Auction Market In 2015 & 2016 Review & Forecast Dr. Ira Silver NAAA Economist silver@naaa.com Agenda Economic conditions Economic outlook Light vehicle sales Light vehicle sales outlook NAAA 2015 Annual
More informationDeficit Reduction and Economic Growth: Are They Mutually Exclusive Goals? Tuesday, May 1, 2012; 2:30 PM - 3:45 PM
Deficit Reduction and Economic Growth: Are They Mutually Exclusive Goals? Tuesday, May 1, 2012; 2:30 PM - 3:45 PM Moderator: Gillian Tett, U.S. Managing Editor, Financial Times Speakers: Jared Bernstein,
More information2015 Economic Forecast & Industry Outlook. Robert A. Kleinhenz, Ph.D. Chief Economist, Kyser Center for Economic Research, LAEDC October 8, 2014
2015 Economic Forecast & Industry Outlook Robert A. Kleinhenz, Ph.D. Chief Economist,, LAEDC October 8, 2014 Outline U.S. Economy California Economy Southern California Economy & Industries Five-Year Outlook
More informationBob Costello Chief Economist & Vice President American Trucking Associations. Economic & Motor Carrier Industry Update.
Bob Costello Chief Economist & Vice President American Trucking Associations Economic & Motor Carrier Industry Update February 26, 2013 The Worst Recession Since the Great Depression 0% Loss from Peak
More informationwww.colorado.edu/leeds/brd CAREER ADVANCING DEGREES FROM LEEDS EVENING MBA PROGRAM FOR WORKING PROFESSIONALS #1 PART-TIME MBA Program in Colorado according to U.S. News & World Report Engage in a collaborative
More informationDr. Richard Wobbekind Executive Director, Business Research Division and Senior Associate Dean for Academic Programs University of Colorado Boulder
Dr. Richard Wobbekind Executive Director, Business Research Division and Senior Associate Dean for Academic Programs University of Colorado Boulder Member FDIC VectraBank.com Economic Outlook 2015 Richard
More informationEconomy On The Rebound
Economy On The Rebound Robert Johnson Associate Director of Economic Analysis November 17, 2009 robert.johnson@morningstar.com (312) 696-6103 2009, Morningstar, Inc. All rights reserved. Executive
More informationOld Dominion University 2017 Regional Economic Forecast. Strome College of Business
Old Dominion University 2017 Regional Economic Forecast January 25, 2017 Professor Vinod Agarwal Director, Economic Forecasting Project Strome College of Business www.odu.edu/forecasting The views expressed
More informationFrederick Ross. Real Estate Market Overview. Presented by: Kevin Thomas Senior Vice President. Frederick Ross. Company.
Frederick Ross Real Estate Market Overview Presented by: Kevin Thomas Senior Vice President Frederick Ross Company January 2003 Business Consumers Source: BEA, Ross Research Housing...Bust or Rust? 2001
More information2014 Economic Forecast: Boulder & Beyond. Keynote Presentation
2014 Economic Forecast: Boulder & Beyond Keynote Presentation Business Research Division Richard Wobbekind Executive Director Business Research Division & Senior Associate Dean Leeds School of Business
More informationThe Changing Global Economy Impacts on Seaports and Trade Dr. Walter Kemmsies
The Changing Global Economy Impacts on Seaports and Trade Dr. Walter Kemmsies Chief Economist, PAGI Group, JLL (Port, Airport & Global Infrastructure) Agenda Where are we in the cycle? What are the barriers
More information2019 Economic Outlook: Will the Recovery Ever End?
2019 Economic Outlook: Will the Recovery Ever End? Advantage Bank Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations November 15 th, 2018
More informationGlobal Economic Outlook. Kellie Maske, Sr. Economics Fellow FedEx Corporate Economics September 2011
Kellie Maske, Sr. Economics Fellow FedEx Corporate Economics U.S. Outlook: Moderate Growth Overall 6 4 US Real GDP Growth 2 % Change 0 (2) (4) Forecast (6) (8) Bars = QOQ% Annualized Line = YOY% (10) 2005
More information2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy
2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy PRESENTING SPONSOR EVENT PARTNERS 2 The forecasts and commentary do not constitute an official viewpoint of Old Dominion University,
More informationEconomic Update Edward Seiler NH&RA
Economic Update Edward Seiler NH&RA 2 Annual Real GDP Growth (%) 5.0 4.0 Actual (BEA) Forecast (CBO in red, OMB red + orange) 3.0 2.0 1.0 0.0-1.0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000
More informationcolorado.edu/business/brd
colorado.edu/business/brd Big Changes, Unknown Impacts Southwest Business Forum Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations January
More informationDr. Greg Hallman Director, Real Estate Finance and Investment Center (REFIC) McCombs School of Business University of Texas at Austin
Dr. Greg Hallman Director, Real Estate Finance and Investment Center (REFIC) McCombs School of Business University of Texas at Austin POWERPOINT PARTNER The US Economy today, with a close look at jobs
More informationState of American Trucking
State of American Trucking October 11, 2018 Rod Suarez Economic Analyst American Trucking Associations rsuarez@trucking.org Business Cycles U.S. Expansions Duration October 1949 - July 1953 May 1954 -
More informationWill 2016 Be the Last Hurrah for Commercial Real Estate? Presented By: John Chang First Vice-President Marcus & Millichap Research Services
Will 2016 Be the Last Hurrah for Commercial Real Estate? Presented By: John Chang First Vice-President Marcus & Millichap Research Services Rising Uncertainty Creating Headwinds for Commercial Real Estate
More informationIt s the economy stupid!
It s the economy stupid! (and it doesn t have to be this way!) October 28, 2011 Alameda, CA Sylvia A. Allegretto, PhD Center on Wage & Employment Dynamics University of California, Berkeley The critical
More informationHouston and Tomball Economic and. Housing Outlook. recenter.tamu.edu. Dr. James P. Gaines Research Economist
Houston and Tomball Economic and Dr. James P. Gaines Research Economist Housing Outlook recenter.tamu.edu THE CURRENT SITUATION The Future Just Ain t What It Used to Be! Yogi Berra National Economic Recovery
More informationWhy Is the Recovery from the Financial Crisis So Sluggish?
Why Is the Recovery from the Financial Crisis So Sluggish? Robert E. Hall Hoover Institution and Department of Economics Stanford University Keynote Address Agricultural and Applied Economics Association
More informationZions Bank Economic Overview
Zions Bank Economic Overview WIB Education Summit September 19, 2017 National Economic Conditions Dow Breaks 22,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential Election Source: Federal
More informationBC Pension Forum. Economic Outlook. Presented by: Ben Homsy, CFA Portfolio Manager
BC Pension Forum Economic Outlook Presented by: Ben Homsy, CFA Portfolio Manager 1694 1704 1713 1723 1732 1741 1751 1760 1770 1779 1788 1798 1807 1817 1826 1836 1845 1854 1864 1873 1883 1892 1901 1911
More information2018 Economic Outlook Forum Daraius Irani, Ph.D. Chief Economist, Regional Economic Studies Institute VP, Division of Strategic Partnerships and
2018 Economic Outlook Forum Daraius Irani, Ph.D. Chief Economist, Regional Economic Studies Institute VP, Division of Strategic Partnerships and Applied Research Towson University November 29, 2018 $19,000
More informationWhat s Ahead for The Colorado Economy?
What s Ahead for The Colorado Economy? Colorado Counties Inc. Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations November 28, 2017 Real GDP
More informationEconomic Overview. Melissa K. Peralta Senior Economist April 27, 2017
Economic Overview Melissa K. Peralta Senior Economist April 27, 2017 TTX Overview TTX functions as the industry s railcar cooperative, operating under pooling authority granted by the Surface Transportation
More informationEconomic and Real Estate Outlook
Economic and Real Estate Outlook By Lawrence Yun, Ph.D. Chief Economist, National Association of REALTORS Presentation at Charlottesville Area Association of REALTORS October 13, 2016 1990 1991 1992 1993
More informationMBA Economic and Mortgage Finance Outlook
MBA Economic and Mortgage Finance Outlook MBA of Alabama Annual Conference June 7, 2017 Presented by Lynn Fisher Mortgage Bankers Association 1 Summary of the MBA Outlook 2016 2017 2018 2019 GDP Growth
More informationBabson Capital/UNC Charlotte Economic Forecast. May 13, 2014
Babson Capital/UNC Charlotte Economic Forecast May 13, 2014 Outline for Today Myths and Realities of this Recovery Positive Economic Signs Negative Economic Signs Outlook for 2014 The Employment Picture
More informationAn Agricultural Update
An Agricultural Update May 22, 2018 Indianapolis, IN David Oppedahl Senior Business Economist 312-322-6122 david.oppedahl@chi.frb.org Personal consumption shares 40% 30% 20% 10% 0% 1950 1960 1970 1980
More informationPresident and Chief Executive Officer Federal Reserve Bank of New York Washington and Lee University H. Parker Willis Lecture in Political Economics
The U.S. Economic Outlook Chartspresented by WilliamC Dudley Charts presented by William C. Dudley President and Chief Executive Officer Federal Reserve Bank of New York Washington and Lee University H.
More informationMONETARY AND FISCAL POLICIES DURING THE NEXT RECESSION
OXYGEN EVENTS CONFERENCE GALA PERFORMANCE 2017 MONETARY AND FISCAL POLICIES DURING THE NEXT RECESSION - THE CASE OF ROMANIA - Ph.D. Andrei RĂDULESCU Senior Economist, Banca Transilvania Researcher, Institute
More informationThe Wisconsin and Minnesota Economies: What can we learn from each other? Noah Williams
The Economies: What can we learn from each other? Noah University of Wisconsin - Madison Future Wisconsin Summit 2016 Economies Location, size, demographics, and history make Wisconsin and Minnesota natural
More informationThe Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch June 2016
The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch June 2016 Image from http://peoplesguidetohouston.wordpress.com/category/uncategorized/
More informationKeynesian Macroeconomics for the 21 st Century Part 3: Demand Dynamics, Inequality and Secular Stagnation
Keynesian Macroeconomics for the 21 st Century Part 3: Demand Dynamics, Inequality and Secular Stagnation YSI INET Lectures Edinburgh, Scotland October, 2017 Steven Fazzari Washington University in St.
More informationThe U. S. Economic Outlook: Robert J. Gordon
The U. S. Economic Outlook: Upside and Risks Robert J. Gordon Ottawa a Economics Association Ottawa, a, September 14, 2017 Immigration Medical Care My Policy Package: Be Like Canada d University Tuition
More informationSouthern California Economic Forecast & Industry Outlook
2016-17 Southern California Economic Forecast & Industry Outlook Robert A. Kleinhenz, Ph.D. Sr. VP/Chief Economist, LAEDC February 17, 2016 Outline U.S. Economy California Economy Southern California Economy
More informationRecent Developments in the U.S. Manufacturing Industry
REGIONAL ECONOMIC BRIEFING Recent Developments in the U.S. Manufacturing Industry Kevin L. Kliesen Business Economist and Research Officer September 7, 2017 1 Disclaimer The views we will express today
More informationEconomic Update: Accelerating Growth and Increasing Risk
Economic Update: Accelerating Growth and Increasing Risk Professor Robert M. McNab Dragas Center for Economic Analysis and Policy Strome College of Business May 23, 2018 The forecasts and commentary do
More informationThe Outlook for Real Estate and Residential Construction. Patrick M. Barkey, Director Bureau of Business and Economic Research University of Montana
The Outlook for Real Estate and Residential Construction Patrick M. Barkey, Director Bureau of Business and Economic Research University of Montana Montana s Real Estate Performance: Getting Back to Boom
More informationGrowth Trends in Hampton Roads
Presentation to the Isle of Wight County Board of Supervisors Growth Trends in Hampton Roads Hampton Roads Planning District Commission Greg Grootendorst Chief Economist September 19, 2014 Looking to 2040
More informationBusiness Cycles. Chris Edmond NYU Stern. Spring 2007
Business Cycles Chris Edmond NYU Stern Spring 2007 1 Overview Business cycle properties GDP does not grow smoothly: booms and recessions categorize other variables relative to GDP look at correlation,
More informationThe Fed and the Economic Outlook
The Fed and the Economic Outlook Mark L. J. Wright Research Director Federal Reserve Bank of Minneapolis March 28, 2018 Disclaimer The views expressed are my own and not necessarily those of the Federal
More informationThe ABA Advantage: Economic Issues Update & ABA Resources
The ABA Advantage: Economic Issues Update & ABA Resources aba.com 1-800-BANKERS Meet the team Jim Chessen Chief Economist Curtis Dubay Senior Economist Brittany Kleinpaste Vice President of Economic Policy
More informationOPENING KEYNOTE SPEAKER
NIT LEAGUE TRANSPORTATION SUMMIT OPENING KEYNOTE SPEAKER Derek J. Leathers President and CEO Werner Enterprises Founded in 1956; grown from one-truck operation to a $2 billion company Among five largest
More informationEconomic Outlook March Economic Policy Division
Economic Outlook March 212 Economic Policy Division Real GDP Outlook Percent Change, Annual Rate 2 1 1 - -1 197 197 198 198 199 199 2 2 21 U.S. GDP Actual and Potential Quarterly, Q1 197 to Q4 211 Real
More informationTHANK YOU TO OUR SPONSORS
THANK YOU TO OUR SPONSORS General Session 2 Data Driving Your Recruiting & Retention Decisions Bob Costello, Chief Economist & Senior VP, American Trucking Association Bob Costello ATA Chief Economist
More informationThe Virginia Economy: Labor Markets and Workforce
The Virginia Economy: Labor Markets and Workforce April 4, 2017 Sonya Ravindranath Waddell Regional Economist Research Department The views and opinions expressed herein are those of the author. They do
More informationStocks and Bonds Track Aging Population:
Stocks and Bonds Track Aging Population: 1952-2008 8 85.00% 7 6 5 4 3 2 1 Correlation: 93% Stocks and Bonds as a Percentage of Household Liquid Financial Assets (left scale) Population 35 Years and Over
More informationInland Empire International Trade Economic Forecast
Inland Empire International Trade Economic Forecast Mira Farka Adrian Fleissig Institute for Economic and Environmental Studies Orange County / Inland Empire Regional SBDC Network California State University,
More informationEconomic Outlook: fear over fundamentals
ECONOMICS I RESEARCH Economic Outlook: fear over fundamentals April 2016 Craig Wright (SVP & Chief Economist) (416) 974-7457 craig.wright@rbc.com Volatility index Market volatility index, (VIX) 90 80 70
More informationEconomic & Financial Market Outlook
Economic & Financial Market Outlook BC Pension Forum March 1, 2013 Chris Lawless, Chief Economist Overview Global forces Recent economic performance ~ US, Europe, Japan, China ~ Other emerging markets
More informationUS imports from emerging economies have grown rapidly
US imports from emerging economies have grown rapidly Ratio to GDP (current dollars) 0.07 US merchandise imports, 1978 2008 0.06 0.05 0.04 0.03 0.02 Industrial Non-OPEC other 0.01 0 OPEC = Organization
More informationKevin Thorpe Financial Economist & Principal Cassidy Turley
Kevin Thorpe Financial Economist & Principal Cassidy Turley Economic & Commercial Real Estate Outlook Kevin Thorpe, Chief Economist 2012 Another Year Of Modest Improvement 2006Q1 2006Q3 2007Q1 2007Q3 2008Q1
More informationEconomic Analysis What s happening with U.S. potential GDP growth?
Economic Analysis What s happening with U.S. potential GDP growth? Kan Chen Capital stock, labor, and productivity do not show a significant increase following the recent fiscal stimulus According to our
More informationA Primer on Factors Affecting Farmland Values
A Primer on Factors Affecting Farmland Values Federal Reserve Bank of Chicago David Oppedahl Business Economist 312-322-6122 david.oppedahl@chi.frb.org The economy hit bottom in June 2009, with hesitant
More informationReading the Tea Leaves: Investing for 2010 and Beyond
Reading the Tea Leaves: Investing for 2010 and Beyond Wednesday, April 28, 2010; 8:00 AM - 9:15 AM Moderator: Maria Bartiromo, Anchor, CNBC's Closing Bell With Maria Bartiromo Speakers: Nick Calamos, President
More informationPartnerships with Purpose: Housing for Texans
Partnerships with Purpose: Housing for Texans 25th Annual TALHFA Educational Conference October 25-27, 2017 Fort Worth, Texas Dr. James P. Gaines Chief Economist 2 Outlook Since November 10, 2017: Rising
More informationMAINTAINING MOMENTUM:
MAINTAINING MOMENTUM: 2018 National Economic Update September 12, 2018 noun mo men tum \ mō-ˈmen-təm, mə- \ 1 b : the strength or force that allows something to continue or to grow stronger or faster as
More informationGlobal economy s strong momentum intact despite elevated level of uncertainty. Canada headed for another year of solid growth
ECONOMICS I RESEARCH Global economy s strong momentum intact despite elevated level of uncertainty Canada headed for another year of solid growth Dawn Desjardins (Deputy Chief Economist) (416) 974-6919
More informationThe US Economic Crisis: Impact on Northeast Asia, Lessons from Japan
The US Economic Crisis: Impact on Northeast Asia, Lessons from Japan Richard Katz The Oriental Economist Report rbkatz@ix.netcom.com www.orientaleconomist.com 2008 Japan Watchers LLC. All rights reserved.
More informationInternational Trade Economic Forecasts An Overview of Orange County and Southern California Exports
International Trade Economic Forecasts An Overview of Orange County and Southern California Exports Mira Farka Adrian R. Fleissig Institute for Economic and Environmental Studies Orange County / Inland
More informationTHE MOST INFORMATIVE EVENT COVERING REAL ESTATE INVESTMENTS
THE MOST INFORMATIVE EVENT COVERING REAL ESTATE INVESTMENTS 2014 U.S. Economic, Capital Markets, and Retail Market Overview and Outlook Retail Trends 2014 U.S. Economic Overview and Outlook Total Employment
More informationU.S. Auto Industry Chartbook 4Q18
U.S. Auto Industry Chartbook 4Q18 / 1 U.S. Auto Industry Chartbook 4Q18 January 2019 Key Messages Auto sales closed 2018 at 17.2 million units, virtually unchanged from the previous year Robust economic
More informationA comment on recent events, and...
A comment on recent events, and... where we are in the current economic cycle November 15, 2016 Mark Schniepp Director Likely Trump Policies $4 to $5 Trillion in tax cuts over 10 years to corporations,
More informationEconomic Update and Outlook
The Building Industry Association Of Okaloosa-Walton Counties Economic Update and Outlook Rick Harper, PhD February 1, 2018 The Economic Outlook 3rd longest postwar expansion for U.S., marked 103 months
More informationThe Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch January 2017
The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch January 2017 Image from http://peoplesguidetohouston.wordpress.com/category/uncategorized/
More informationThe global economic climate and impact on SA Mining during a downward phase in the commodity cycle.
The global economic climate and impact on SA Mining during a downward phase in the commodity cycle. World Economy Real Long term commodity and employment data. Vanity sanity and reality of mining and investment
More informationEducation Committee Economic Background and Issue Review
Education Committee Economic Background and Issue Review Montpelier, Vermont January 22, 2014 Thomas E. Kavet State Economist and Principal Economic Advisor to the Vermont State Legislature Since 1996
More informationNoah Williams. University of Wisconsin-Madison Center for Research On the Wisconsin Economy (CROWE) Outlook for the Wisconsin Economy
An Noah University of Wisconsin-Madison Center for Research On the Wisconsin Economy (CROWE) CROWE: Brief Introduction Center for Research on the Wisconsin Economy (CROWE) recently established in the Department
More informationMontana Manufacturing: 2015 Outlook. Todd A. Morgan, CF
Montana Manufacturing: 2015 Outlook Todd A. Morgan, CF Montana & U.S. Manufacturing Employment 1990-2014 MT workers 28,000 US workers 21,000,000 24,000 18,000,000 20,000 15,000,000 Montana U.S. 16,000
More informationHas Abenomics Revived the Japanese Economy?
Has Abenomics Revived the Japanese Economy? Takeo Hoshi Stanford University, NBER, and ABFER Brad Richardson Memorial Lecture, The Institute for Japanese Studies, The Ohio State University, Columbus, OH,
More informationThe Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch February 2017
The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch February 2017 Image from http://peoplesguidetohouston.wordpress.com/category/uncategorized/
More informationThe Erie Economy: Performance, Opportunities, and Challenges
The Erie Economy: Performance, Opportunities, and Challenges Eggs n Issues Manufacturer and Business Association December 2015 Dr. Kenneth Louie The Economic Research Institute of Erie Sam and Irene Black
More informationZions Bank Economic Overview
Zions Bank Economic Overview Kenworth National Dealers Conference November 8, 2018 1 National Economic Conditions 2 Volatility Returns to the Stock Market 27,000 Dow Jones Industrial Average October 10,
More informationSouthwest Ohio Regional Economy in Context. Richard Stock, PhD. Business Research Group
Southwest Ohio Regional Economy in Context Richard Stock, PhD. Business Research Group State of the Metro Area (in January Each Year) Total Employment has slowly increased in the last three years after
More information