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OWU Economic Outlook Conference to Examine Future of U.S. Economy

February 2, 2005

Ohio Wesleyan University will hold its second Economic Outlook Conference Tuesday, Feb. 22 at 7:30 p.m. in the Hamilton-Williams Campus Center Benes Rooms. The conference, which is co-sponsored by the OWU Department of Economics and the Woltemade Center, will bring together a panel of experts to discuss the outlook of the U.S. economy and reasons behind the changes. This year's guest panelists are Dr. Dale W. Larson, president of Larson Global Consulting, Dr. Ken Mayland, president of ClearView Economics, and Dr. Mark Sniderman, senior vice-president and director of research for the Reserve Bank of Cleveland.

The panelists will address such issues as the falling dollar, fuel prices, job situations, inflation, tax cuts, social security, immigration policies, and the role of government in economy. Dr. Robert Gitter, OWU professor of economics and coordinator of the conference, asserts, "These issues affect our daily lives in a multitude of ways both personally and professionally." During the conference, each panelist will speak for approximately 15 minutes and then will respond to questions and comments from the audience.

Dr. Larson's responsibilities at Larson Global Consulting include assisting clients of the Mitsubishi Research Institute and managing the firm. He will speak on the implications of a possible improvement in the U.S. trade balance, the ideological struggle with Islamism as differentiated from Islam, the slowing world population growth, and the economic rise of China, India, and Brazil.

Dr. Mayland has spent more than 30 years studying the business cycle and providing economic analyses to a variety of constituencies. His firm specializes in economic research and forecasting. Recognized by Bloomberg News as the best forecaster of U.S. economic trends in 2004, Dr. Mayland predicted the 2002 GDP, unemployment rate, and CPI inflation projection within a tenth of a percent.

Dr. Sniderman oversees the production of research publications and directs the economic and monetary policy analysis of the Bank. He has held numerous positions at the Bank since joining it in 1976 and assumed his current position in 1994. When considering the Economic Outlook Conference, Dr. Sniderman comments, "Although there are lots of important long-term issues to discuss, I plan to focus my remarks on inflation."

The Economic Outlook Conference is free and open to the public. For more information about the conference, please contact Dr. Robert Gitter at 740-368-3536 or rjgitter@owu.edu.