Staying on Track in Tough Economic Times

CAPE GIRARDEAU, Mo.,

Feb. 17, 2009 – “Staying On Track in Tough Economic Times” is a free seminar set for Friday, March 6 from 9 a.m.-noon at Southeast Missouri State University. 

The Center for Economic and Business Research and the Missouri Research Corporation are teaming up to offer this information-packed morning featuring national, state, and regional speakers. The event will take place in Glenn Auditorium of Dempster Hall on the Cape Girardeau campus. 

Are you concerned about the current state of the economy?  Are you interested in the trends economic experts are predicting?  Are you curious when the recession will end?  Do you want to know how the nation, Missouri, and our region are being impacted?  If so, you will want to attend this event. 

Senior Economist Dr. Ken Matheny will kick off the morning.  Dr. Matheny works for Macroeconomic Advisers, LLC.  He updates macroeconomic forecasts, monitors international developments that could affect the economic outlook for the United States, and conducts research on forecast-related issues. He frequently authors, co-authors, or edits various regular and special publications, including the Weekly Economic Commentary and MA’s Economic Outlook. He makes frequent presentations on the U.S. economic outlook.

Dr. Marty Romitti, director of the Missouri Economic Research and Information Center (MERIC) is also a featured speaker.  MERIC is the research arm of the Missouri Department of Economic Development.  Romitti will speak from a regional and state perspective on economic development challenges.

On the current economy Romitti says, “You can try tying dynamite to kites and fly into the clouds but it still won’t make it rain.  So it matters what actions we take to get our struggling economy moving again.  We also know the lesson well here in Middle America that even out of the most unfortunate circumstances arise new opportunities.  Fortunately, the data speaks clearly to the types of actions the state should take and the opportunities our communities should seize upon.”

Two local speakers, Ed Dust and Dan Gruen, also will be presenting.  Dust is the economic developer for Sikeston.  Gruen serves as the city manager of Charleston.  Their focus will be on local economic activity during this challenging period including the additional trials and opportunities the catastrophic ice storm have dealt the region.  All speakers will allow some time for questions after their presentations.

Dr. Bruce Domazlicky, director of the Center for Economic and Business Research at Southeast Missouri State and organizer of the seminar, said,  “I think we have an attractive mix of speakers who will give a variety of views, national, state and local, concerning the economy in the coming months.  The rest of 2009 will be challenging times for everyone, and this conference should help individuals prepare for what lies ahead.”

The event is free and open to the public.  However, pre-registration by March 2 is required to plan for handout materials.  Call (573) 651-2286 to reserve your seat or for more information.  This event is underwritten by the U.S. Economic Development Administration.