One of the most highly anticipated Chamber events takes place on January 30 and that is the Economic Forecast Luncheon. The presentation features Dr. Bill Gilmer, Director of Regional Forecasting at the University of Houston’s Bauer Commerce. Dr. Gilmer’s forecast and projections provide a guide for planning and business operations in 2020.
His analyses factor in the Global and National economic outlooks and how the implications of those will impact the regional and Houston economies. Dr. Gilmer’s insights have been enjoyed and applied to business strategies by Chamber members for many years. Today’s local economic climate continues to be affected by energy companies, oil prices and employment trends. He will address the implications within the region of the ramping down on new and expanded chemical plant investments that have been completed along the Houston Ship Channel. Those completions will have a direct bearing on employment.
Citing national economic trends, Dr. Gilmer recently said in the Houston Chronicle: “The U.S. economy is still strong, which is helping the local economy continue to expand. However, with the global outlook souring amid trade tensions, growth is likely to moderate in the coming years as the U.S.- China trade war continues to takes its toll on business investments at the same time as a slowing global economy. “
It appears that many forces are at work that will impact the region and Houston’s economic outlook for 2020. Make your plans to hear Dr. Gilmer address these significant developments at the Chamber’s annual Economic Forecast Luncheon.
For more information, or to purchase tickets, click here.