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Session 12: The NABE Outlook
This session features the release of the NABE Outlook, the “closely watched survey of economists,” according to ABCNews.com. Find out about the latest thinking on the economy from NABE’s panel of professional macroeconomic forecasters. Produced quarterly, the survey is now in its 35 th year.We will also present the fifth annual NABE Outlook Award.
Presentations
NABE Outlook Slide show (PDF, 71 K)
Links of Interest
Speakers
John Silvia
Chief Economist
Wachovia Bank N.A.
Dr. John Silvia joined Wachovia in February 2002 as chief economist for the Bank. Previously, John worked on Capitol Hill as senior economist for the U.S. Senate Joint Economic Committee and chief economist for the U.S. Senate Banking, Housing and Urban Affairs Committee. Prior to that, he was chief economist of Kemper Funds and managing director of Scudder Kemper Investments, Inc. Before joining Kemper Funds, John worked for Harris Bank and taught economics at Indiana University.
John holds a B.A. and a Ph.D. degree in economics from Northeastern University in Boston and has a Master’s degree in economics from Brown University in Providence, RI.
John serves as a member of the Blue Chip Panel of Economic Forecasters and also serves on an informal advisory group for the Federal Reserve Bank of Philadelphia. He is a member of the Economic Advisory Committee at the American Bankers Association and is President of the Charlotte Economics Club. In the past, John has served on economic advisory committees to the Federal Reserve Bank of Cleveland, the Federal Reserve Bank of Chicago, and the Public Securities Association.
In addition, John is Treasurer and a member of the Board of Directors for The Second Harvest Food Bank of Metrolina, a Charlotte civic association. He is also a member of the Business Advisory Committee for the City of Charlotte and he serves on the President’s Council for Charlotte’s Central Piedmont Community College.
Stuart G. Hoffman
Senior Vice President and Chief Economist
PNC Financial Services Group
Stuart G. Hoffman is senior vice president and chief economist for The PNC Financial Services Group and serves as the principal spokesperson on all economic issues for PNC. Recently, Hoffman was named by BusinessWeek as the most accurate economic and interest rate forecaster of 2004. In addition, he has been recognized as the second most accurate forecaster by the National Association for Business Economics and in The Wall Street Journal’s economic survey covering the 1988 to 2002 period.
Hoffman joined PNC in 1980 after a six-year tenure with the Federal Reserve Bank of Atlanta. He became vice president and senior economist for PNC in 1987 and was elected senior vice president and chief economist in 1991.
Hoffman is frequently quoted in The Wall Street Journal, The New York Times, Barron’s, BusinessWeek and USA Today. He is a regular guest on CNBC, CNN, Bloomberg TV, The Wall Street Journal Radio Report and CNN News Radio. He is regularly interviewed by the Associated Press and Reuter’s news wire services. He is often quoted in regional media such as the Pittsburgh Post-Gazette and the Philadelphia Inquirer.
In addition, Hoffman has regularly participated in the Federal Reserve Bank of Kansas City Jackson Hole Symposium, where he discusses key economic issues with Chairman Alan Greenspan and other global monetary policymakers.
Hoffman is the vice president and a member of the Board of Directors of the National Association for Business Economics (NABE). He also serves on the Board of Directors of the Pennsylvania Partnership for Economic Education and the Economic Club of Pittsburgh--the local chapter of NABE.He is the past chairman of the American Bankers Association Economic Advisory Committee that met semi-annually with Chairman Greenspan and other Federal Reserve Board Governors.
Hoffman is a 1971 graduate of Pennsylvania State University. He received a master's degree in 1973 and a doctorate degree in economics in 1975, both from the University of Cincinnati, where he was a Charles Phelps Taft Memorial Fellow. In 2004, the University of Cincinnati honored him as a Distinguished Alumni.
