Chicago
Chicago District: Economic Outlook for the U.S. and Manufacturing in 2018
Friday, February 23, 2018
Arlington Heights, IL
EVENT DETAILS
Hear William A. Strauss, senior economist and economic advisor in the economic research department at the Federal Reserve Bank of Chicago, discuss the performance of the overall macro economy with specific attention paid to key economic sectors and indicators for the U.S. economy over the next couple of years.
We are in the ninth year of the economic expansion following the “Great Recession” of 2008 and 2009. During the economic downturn the economy experienced outsized losses in housing, manufacturing and jobs. Yet, what would typically be a robust recovery has not occurred. Labor markets, while significantly improved, are still not quite at a normal level and wage growth remains low. Credit conditions continue to ease from what existed during the recession, but remain restrained for many borrowers and continues acting as a headwind to growth. The collapse in energy prices has added some boost to the U.S. economy, although due to greater domestic energy production, not as much as in the past. The surging value of the dollar over the past couple of years has lowered growth as net exports deteriorated. Inflation has been low and well below the Federal Reserve's target for several years, yet the Fed has begun to remove its very accommodative policy.
Speaker
William A. Strauss, Senior Economist and Economic Advisor, Federal Reserve Bank of Chicago 
William joined the Federal Reserve Bank of Chicago in 1982 and his chief responsibilities include analyzing the current performance of the Midwest economy and the manufacturing sector for use in monetary policy. He also produces the monthly Chicago Fed Midwest Manufacturing Index and organizes the bank's Economic Outlook Symposium and annual Auto Outlook Symposium. He also conducts several economic workshops and industrial roundtables throughout the year.
AGENDA
11:30 a.m. Registration check-in
12:00 p.m. Lunch
1:00 p.m. Presentation by William Strauss
2:30 p.m. Adjourn
LOCATION
Cooper’s Hawk Winery and Restaurant
798 W. Algonquin Road
Arlington Heights, IL 60005
REGISTRATION INFORMATION
$45 PMA member
$55 Nonmember
Registration deadline is February 16. Event is limited to 60 registrants.
For more information, please contact Laura Profita. To register over the phone, please contact Cindy Minn at 216-901-8800.