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2018 Oregon Economic Forum

Monday, April 30, 2018   (0 Comments)
Posted by: Kristine Thomas
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The stock market, job growth, gas prices, talk about trade wars, the possibility of increasing interest rates, and the housing market are topics creating headlines.

As a business and community leader, you could attempt to decipher what is happening with the economy and its impact on your business.

Or you could go to breakfast with three economic experts and learn what they have to share.

Strategic Economic Development Corporation invites business and community leaders to attend the Willamette Valley’s premier event, “2018 Willamette Valley’s Oregon Economic Forum: Economics – More than Forecasting” 7:30 to 10 a.m. Thursday, May 10 at the Salem Convention Center.

Hosted by SEDCOR and the University of Oregon College of Arts and Science, the featured guest speakers are Oregon Economic Forum Director and University of Oregon Economics Professor Tim Duy, Federal Reserve System Section Chief and Board of Governors Claudia Sahm and University of Oregon Assistant Economics Professor Michael Kuhn.

Duy’s topic is “The Longest Economic Expansion,” Sahm will discuss “Looking at Disaster Impacts Using Big Data,” and Kuhn will delve into “Behavioral Economics and Your HR Department.”

“On a basic level, the Oregon Economic Forum is a mid-year check-up on the economy and on a deeper level, it is an opportunity to learn about the work economist do beyond forecasting and how those techniques might help inform and improve private and public decision making,” Duy said.

  Duy said Kuhn’s discussion on behavioral economics will provide examples of how companies might apply those techniques to issues such as employee evaluations.

 

“Claudia  will outline her work with big data - another growing field that is capturing the interest of firms as they work to manage the low of available data,” Duy said. “Think about the data available to one of Salem’s newest employers, Amazon. Claudia’s application is specifically to the impacts of disasters on consumer spending, something that may be more important in Oregon as the economy possibly evolves to the rising threat of summer forest fires.”

 

SEDCOR President Chad Freeman said the Oregon Economic Forum is an opportunity for business leaders to gain valuable information they can use to make decisions.

 

“SEDCOR has been honored to have Tim Duy speak at several events and he has a way of taking what you would think to be boring economic data and making it interesting and relatable,” Freeman said. “We are excited to have Tim, Claudia and Michael speak at our inaugural Oregon Economic Forum.”

 

Key Bank is the presenting sponsor; Mountain West Investment Corporation is the gold sponsor; and Rich Duncan Construction, Oregon State Credit Union, Mid-Willamette Valley Council of Governments, Fitzpatrick Painting Inc., Sherman Sherman Johnnie & Hoyt, Advanced Reporting and Coldwell Banker Commercial are the silver sponsors.

 

“Key Bank has a long-standing partnership with Tim Duy at the University of Oregon and we are always pleased when we can partner with him to share economic insights with the local business community,” Key Bank Vice President and Business Banking Relationship Manager Elaine Harvey said.

 

The daily blitz of economic news, Duy said, is why community and business leaders need to view economics as something that provides more than a growth forecast.

 

“Tariffs, for example, are a very complex issues - move one lever and three others shift at the same time,” Duy said. “Policy is hard to make because the underlying economic issues are complex. Exploring topics outside of forecasting helps explain the need for expert analysis.”

 

And why there is a need for business and community leaders to go to breakfast with him, Sahm and Kuhn, Duy added.

 

To register for the Oregon Economic Forum, visit www.sedcor.com or email Tami Lundy at 503-588-6225. 


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