George W. Hammond, Ph.D.
Director and Research Professor, Economic and Business Research Center
Senior Business Economist
Federal Reserve Bank of Dallas
- Call 520.626.9137
The Eller College Breakfast with the Economists is made possible through the generosity of JPMorgan Chase.
Additionally, JPMorgan Chase provides support for the award-winning Economic and Business Research Center website, the premier source for information on Arizona's economy. There you will find measures of the economy's performance, analysis by the Eller College Economic and Business Research Center, and links to important studies.
Wednesday, June 6, 2018
Registration: 6:30 a.m.
Breakfast: 7-8:30 a.m.
Loews Ventana Canyon Resort
7000 North Resort Drive
Tucson, Arizona 85750
[view map and directions]
The buzz about the local economy remains solid, but there are clouds on the horizon.
Cost: $40 per person on or before May 23 ($45 after May 23) or $400 for a table of 10 on or before May 23 ($450 after May 23)
Tucson’s job growth was steady last year, at a rate near the national pace, but well below the state. The Federal Reserve continues to raise interest rates, which could undercut improving construction activity. In contrast, federal fiscal policy is steaming ahead with large cuts to personal and corporate income tax rates, which are expected to boost household spending and business investment. In addition, Arizona has launched an ambitious effort to boost incomes through increases in the state minimum wage.
The federal government is also pursuing controversial trade policies, ranging from the renegotiation of NAFTA to stiff new tariffs on imports of steel and aluminum, which could adversely impact international trade. Further, many economists believe that NAFTA contributed to a major increase in cross-border trade during the past 30 years. Will the renegotiation of the treaty accelerate U.S. trade with Mexico or will it be a major speed bump?
There are important policy changes around nearly every corner. What does it all mean for Tucson? Will the local economy sustain steady gains next year? Or will headwinds from rising interest rates, stock market volatility and trade uncertainty push Tucson back into the doldrums. What are the odds that the tax cuts will put new life into local growth, perhaps with a tailwind from increased defense spending?
Register by May 23, 2018 for the early bird rates of $40 per person or $400 for a table of 10.
Please note that no portion of your individual ticket or table payment qualifies as a charitable contribution. There will be no refunds after May 23, 2018. Refunds are not available for no-shows.
For more information, please contact us at 520.621.9584 or firstname.lastname@example.org.