Economic Forecast Luncheon
The Winston-Salem Chamber of Commerce and the City of
Winston-Salem’s
Economic Forecast Luncheon in cooperation with the Rotary Club of Winston-Salem was held on
January 12, 2010 at 11:30 a.m.,
North Main Hall, Benton Convention Center –
Winston-Salem. The featured speaker was Mark Vitner, Senior Economist and Managing Director, Wells Fargo Company, who presented “
Economic Overview on the U.S., North Carolina and Winston-Salem.”
You may download Mr. Vitner's presentation here.You may also
watch the event on WSTV 13.
Synopsis: After a torrent of bad news on the national economy, signs of stabilization are here and we are beginning to see small positives and smaller declines in many key economic indicators. We believe the recession may have ended in June, and we expect growth to continue into 2010. While employment will continue to decline at a diminishing pace, the unemployment rate, however, will likely reach 10.8 percent by the third quarter of next year. We expect growth to remain relatively modest into 2011.
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Pictures from the 2009 Economic Forecast Luncheon