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Economic
Indicators Show Mixed Signals for the Quad Cities in 2008
 Recently
over 300
people joined the Quad City Chamber of Commerce Federation
for an analysis of the national and regional economy given
by Williams Strauss, senior
economist and economic advisor, Federal Reserve Bank of
Chicago.
WIU's College of Business & Technology was presenting
sponsor of the Chamber Federation event.
Growth
for the Midwest Region for the first two quarters of 2008
will be slow and weighted down by housing and the financial
sectors, said Mr. Strauss. However, the negative effects of
the slowdown would be felt less by Main Street than Wall
Street, he added.
This
year will be known for its under-performance and not be that
great of a year for the Midwest and nation, Mr. Strauss
said. To download the complete presentation given by Mr.
Strauss, click
here. This is a large file and may take a few
moments to download.
The
event also included a written assessment of the Quad-Cities
economy by William Polley, an assistant professor of
economics at Western Illinois University and author of a
monthly Quad Cities Area Business and Economic Outlook. To
download the “Quad Cities Area Business & Economic
Outlook”, click here.
To
read more about the Economic Forecast, click
here to view The Dispatch and Rock Island Argus
article published
on March 6th.
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