Wednesday, August 29, 2012

Annual Economic Conference

Thursday, September 27, 2012
Event Sponsor: Chicago Transom Partners

7:30 am Registration & Continental Breakfast
8:30 am to 10:30 am Program
Maggiano's Schaumburg
1901 E. Woodfield
Schaumburg, IL 60173

Speaker:
William Strauss, Federal Reserve Bank of Chicago
8:30 am to 9:30 am
Presents the Economic Outlook for 2012 and 2013
The "Great Recession" ended in the middle of 2009 with significant impacts on the economy. The economy experienced outsized losses in the housing, manufacturing and jobs. Yet, what should be a robust recovery is not occurring, nor expected to occur. Consumers are saving at an increased pace, limiting the growth of consumer spending. Credit conditions, while significantly improved from what existed during the recession, remain relatively tight and will act as a headwind to growth. Mr. Strauss will look at the performance of the overall macro economy with specific attention paid to key economic sectors and indicators.
Speaker:
Chris Huecksteadt, Metrostudy
9:30 am to 10:30 am
From 2006 to 2010 the housing market, both locally and nationally, experienced the biggest downturn since the Great Depression. Job losses, elevated unemployment levels, rising foreclosures and sagging home values all continue to impact the housing market's ability to recover. Chris Huecksteadt of Metrostudy, will analyze past and present trends in the housing market, with an eye on the keys to recovery and how the housing market can begin to right itself. The first half of 2012 saw some positive signs. Chris will review the housing numbers and discern where the market might be heading for in 2013 and beyond.
Registration fee: RCEC Member $35 / Non Member $45



For more information call: Cathy Kirin 630-512-0552

Residential Construction
Employers Council
Cathy Kirin
Executive Director
603 Rogers Street
Downers Grove, IL 60515
V. 630.512.0552
F. 630-812-0442


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