TODAY: 2005 Economic Forecast Conference (Sold Out)Oct. 7, 2004
According to the National Bureau of Economic Research, the US Economy has been expanding since November 2001. Even now, almost three years later, a number of questions remain about the strength and sustainability of the expansion:
Where are the jobs? Firms in the economy have been able to increase production in the last three years without significant new hiring. Will this trend continue, or can we expect to see a takeoff in job growth?
What about energy prices? Crude-oil prices have risen as high as $50 per barrel in recent weeks, and everyone feels a bit of a pinch at the gas pump these days. Will energy prices fall, stay high or go even higher? Just how vulnerable is the economy to energy price shocks these days?
Will the Fed spoil the party? A former Federal Reserve Board chairman once said that the job of central bankers is to “take away the punch bowl just as the party is getting started.” The Fed has recently engineered a small increase in interest rates. Are further increases on the horizon? If so, will the economy falter as a result?
What does all this mean for you? Will the Central Texas economy improve or deteriorate in 2005 as a result of these factors? Should you change your investment strategy?
These questions and more will be addressed at the 2005 Annual Economic Forecast Conference co-sponsored by the Greater Waco Chamber of Commerce and the Baylor University Hankamer School of Business. The Conference will feature leading experts on investment markets and the US and Central Texas economies. Make your reservation today.
Reservations will be accepted on a first received basis. $45.00 per person includes all program costs, lunch, plus an up-to-date, specially prepared booklet of trends and projections for the United States, Texas, and Central Texas economies.
For further information contact Susan Armstrong at (254) 710-6177.