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Eller College Home > News, Events, and Multimedia > Press Releases > Market decline?

Press Release

Eller Press Contact

Liz Warren-Pederson
Eller College of Management

Will devestation and deficits lead to market decline?

Business leaders struggling with economic uncertainty will hear forecasts from the experts at the annual Eller College Economic Outlook Forecast Luncheon.

TUCSON, Ariz. – NOVEMBER 23, 2005 – Devastation from this year’s crop of hurricanes is still being tabulated, and economists are scurrying to update their forecasts. Will the hurricanes set off a chain of adjustments that brings the current expansion to an end? Why has the American economy remained strong in the face of record high energy prices, and how long can this expansion continue with record trade deficits and massive budget deficits? When will the housing boom peak? These are the uncertainties plaguing Arizona’s business community as the economy nears the end of its fourth year of healthy growth.

Cutting to the bottom line, Eller College of Management economists Gerald J. Swanson (holder of the Brown Chair in Economic Education), Marshall Vest (director of the Economic and Business Research Center), and Paul Portney (dean and energy policy expert) will answer these and other concerns Friday, Dec. 9 from 12:00 – 2:00 p.m. The Economic Outlook Annual Forecast Luncheon at the Westin La Paloma is a must-attend event.

The economic forecast will focus on the impact of the hurricanes, soaring energy prices and alternate energy sources, inflation, and the current real estate boom among other issues of economic interest.

A press conference for reporters only is scheduled before the luncheon at 11:00 a.m. at the Westin La Paloma. Room location to be provided.

The Eller College of Management at the University of Arizona is internationally recognized for pioneering research, innovative curriculum, distinguished faculty, excellence in management information systems, entrepreneurship, and social responsibility. U.S. News & World Report ranks the Eller undergraduate program #11 among public business schools and two of its programs are among the top 20 — Entrepreneurship and MIS. U.S. News & World Report ranks the Eller MBA Full-Time program #48 in the U.S. The College is among the leaders of business schools generating grant funds for research. In addition to a Full-Time MBA program, the Eller College offers the 25th ranked Evening MBA program, the Eller Executive MBA and the Online MBA. The Eller College of Management supports more than 5,800 undergraduate and 750 graduate students on the UA campus in beautiful Tucson, Arizona, and a satellite campus in Phoenix.

Press Contact:
Liz Warren-Pederson, Eller College of Management

For additional information, please contact us.