Statistics...Telling the Economic Story

“Case Studies: Economic Data Drive Business Decisions”
Duncan Meldrum, Air Products and Chemicals, Inc.

“Creating Indexes for Your Company”
Gregory Miller, Sun Trust Bank

Welcome

Rosemary Marcuss, NABE President
Duncan Meldrum, NABE Past President

Gross Domestic Product and the National Accounts

Robert Parker, U.S. Government Accountability Office, moderator
Data Producer:
Shelly Smith, Bureau of Economic Analysis, “Gross Domestic Product”
Case Studies:
Kurt Karl, Swiss Re, “Business Uses of National Accounts Data”
Patrick Newport, Global Insight

International Statistics

Andrea Keenan, AM Best, moderator
Data Producer:
Rob Edwards, International Monetary Fund
Case Studies:
Patrick Casey, TTX Company
Michael Warren, Toyota

Luncheon

“Confessions of a Fed Watcher”
Stuart Hoffman, PNC Financial Services Group

Concurrent Sessions A

1) U.S. Employment Statistics
Katharine Abraham, former Bureau of Labor Statistics Commissioner, moderator
Data Producer:
Mary Bowler, Bureau of Labor Statistics
Case Studies:
John Silvia, Wachovia “Investment Banking Watches the Labor Market”
David Resler, Nomura Securities (invited)

2) Economic Information from Financial Markets
Stuart Hoffman, PNC Financial Services Group, moderator
Data:
Refet Gurkaynak, Federal Reserve Board
Case Studies:
Pete Kretzmer, Bank of America
Michael Englund, Action Economics

Concurrent Sessions B

1) Prices—Consumer Price Index, Producer Price Index, PCE Price Index
Kathleen Camilli, Camilli Economics, moderator
Data Producer:
Steve Reed, Bureau of Labor Statistics, “Consumer Price Index and Producer Price Index”
Michael Armah, Bureau of Economic Analysis, “Personal Consumption Expenditure Price Index”
Case Studies:
Duncan Meldrum, Air Products Inc “Using the CPI or PPI to Escalate Prices ”
Anne Vandenabeele, Capital Strategy Research

2) Regional Economies: Housing Data
John E. Kleinhenz, Kleinhenz and Associates, moderator
Data Producer:
Howard Savage, Census Bureau
Case Studies:
David Berson, Fannie Mae, “Using the Data to Determine Housing Bubbles”
Michael Carliner, National Association of Home Builders

Concurrent Session C

1) Corporate Profits
Anne Vandenabeele, Capital Strategy Research, moderator
Data Producer:
Rosemary Marcuss, Bureau of Economic Analysis, “Profits in the National Economic Accounts”
Case Studies:
Beth Ann Bovino, Standard & Poor’s, “S&P Profit Measures”
Richard Berner, Morgan Stanley

2) Capacity Utilization and Industrial Production
Yorgos Papatheodorou, Lockwood Greene, moderator
Data Producer:
Norman J. Morin, Federal Reserve Board, “Capacity Utilization and Industrial Production Index”
Case Studies:
Charles Steindel, Federal Reserve Bank of New York,“Why Don’t GDP and IP tell the Same Story?”
Harry Homan, Fluor Corporation

Concurrent Session D

1) U.S. Productivity
John Haltiwanger, University of Maryland, moderator
Data Producer:
Steve Rosenthal, Bureau of Labor Statistics, “Multi-factor Productivity”
Case Studies:
Duncan Meldrum, Air Products, Inc. “Using Indexes to Create Multifactor Productivity Measures”
Noel Perry, Schneider National, Inc

2) Newly Available 2002 Economic Census Data: A Wealth of Accessible Information
Sumiye Okubo, Bureau of Economic Analysis, moderator Data Producer:
Paul Zeisset, Census Bureau
Case Studies:
Richard Wobbekind, University of Colorado (invited)
John E. Kleinhenz, Kleinhenz and Associates, “Economic Base Analysis for Regional Competitiveness”