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Statistics...Telling the Economic Story

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Session 4: Luncheon

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

 

Stuart 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.

 

 

 


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