Stuart G. Hoffman, Senior Vice President and Chief Economist, for The PNC Financial Services Group, will be the keynote speaker at the 14th annual Economic Outlook forum on January 22 at The Union League of Philadelphia. Hoffman’s address is titled, “Prospects for the US Economy in 2015.” The event, which starts at noon, is sponsored by The Union League of Philadelphia Business Leadership Forum and La Salle University.
“We are at a very different place in both our national and the global economy, than we’ve been in the past several years,” said William Sautter, Chair of the La Salle University Board of Trustees, “so I am looking forward to having a person of the stature of Stuart Hoffman share his perspective on the economic prospects for 2015 with the leaders of our region’s business community.”
WPHT talk show host Chris Stigall will introduce Hoffman, and following the presentation will moderate a brief question and answer session between the audience and Hoffman.
Hoffman will discuss the U.S. economy and financial markets and those economic indicators contributing to his favorable outlook for both in 2015. As one of the most accurate forecasters and consistently “bullish” economist, Hoffman will share the reasons why he calls for the economic and stock market “bears” to be, as he puts it, “boiled in (cheap) oil.”
Hoffman joined PNC in 1980, following a six-year tenure with the Federal Reserve Bank of Atlanta. He became Vice President and Senior Economist for PNC in 1987 and was elected Senior Vice President and Chief Economist in 1991. He has earned a solid reputation as one of the leading economists in the country, having been recognized as the most accurate forecaster for 2004 by Business Week and the second most accurate economic and interest rate forecaster for 2006 by USA Today. He was named one of the top forecasters in The Wall Street Journal economic survey covering the period of 1988 to 2012. Hoffman is a regular guest on national business television and radio programs, including CNBC, Bloomberg TV, and The Wall Street Journal Radio Report, and he is frequently quoted in The Wall Street Journal, The New York Times, and Barron’s. He is currently serving on the American Bankers Economic Advisory Committee. He also serves on the board of directors of the Economic Club of Pittsburgh, the local chapter of National Association for Business Economics. He is a past president of the National Association for Business Economics.
Hoffman is a 1971 graduate of Pennsylvania State University. He received a master’s degree in 1973 and a doctorate degree in economics in 1975, both from the University of Cincinnati, where he was a Charles Phelps Taft Memorial Fellow. In 2004, the University of Cincinnati honored him as a Distinguished Alumnus and, in 2011, presented him with The Carl Linder Award for Outstanding Business Achievement.
For tickets, click here, or call, 215.951.1540.
The PNC Financial Services Group is one of the United States’ largest diversified financial services organizations, providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.
La Salle University was established in 1863 through the legacy of St. John Baptist de La Salle and the Christian Brothers teaching order, which St. La Salle founded in 1680. La Salle is an educational community shaped by traditional Catholic and Lasallian values. The University is ranked by U.S. News & World Report among the top 30 schools in the North Region and among the top 10 Catholic schools in the region.