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Bureau of Economic Analysis' January 27th Release of the Estimate of the Real Gross Domestic Product
Webinar
11 AM CT
Presenter: Dr. Edmond J. Seifried
Duration: 1 hour
Pricing:
$299 - Live, Download or CD
FREE - (for Affiliation Members)
$349 - Live + Download or Live + CD
Let our expert, Dr. Ed Seifried, help you interpret the Bureau of Economic Analysis' January 27th release of the estimate of the nation's Real Gross Domestic Product (GDP), based on 4th quarter 2011 output of goods and services. He will point to clues that shed light on economic activity for the remainder of the year and what that indicates for financial institutions. This "advanced" estimate (there will be later estimates) will of course significantly impact monetary and fiscal policy in 2012.
Dr. Ed will also review the latest FOMC statement from the Fed's January 24-25 FOMC meeting to determine what the likely impact of any policy changes will be on the economy and financial institutions.
During this session, you will learn:
- What the GDP report for 2011 (4th quarter) indicates for the banking industry going forward.
- Has the economic recovery changed from being one caused by economic stimulus and government intervention to one centered on the private sector?
- How the current turmoil in the Middle East and Europe could derail the fragile economic recovery.
Dr. Seifried is currently Executive Consultant of the Sheshunoff Affiliation Programs and Professor Emeritus of Economics and Business at Lafayette College in Easton, Pennsylvania. He received his doctorate in economics and business from West Virginia University.
Ed serves as the dean of the Virginia and West Virginia Banking Schools and has served on the faculty of numerous banking schools including the Graduate School of Retail Bank Management. Dr. Ed was recently awarded rank of Professor Emeritus of business and economics at Lafayette College.
Ed frequently appears as a guest speaker at regional and national conferences and has delivered over 2000 presentations to various groups both in the United States and abroad. He is a consultant to the banking industry and is well known as a speaker at bank customer events and as a strategic planner. He is the author of the book “The Art of Strategic Planning for Community Banks.” In addition to his academic and consulting experience, he has also served as a director of a community bank.
Ed has traveled extensively in the former Soviet Bloc countries where he served as an advisor and consultant to the newly privatized commercial banks.
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