O UTLOOK 2019 - 2020 North Carolina Local Government Budget Association July 12, 2019 James (Jim) Kleckley, PhD Director, Professional Services and Research East Carolina University · College of Business [email protected]
Professional Services and Research“The front door to faculty expertise in the ECU College of Business”
• Bureau of Business Research– Applied Research
• Office of Professional Programs– Non-Credit Education and Training
• COB Office of Sponsored Programs• Center for Healthcare Management• Small Business Institute
Student Centered Solutionsfor Industry Partners
• Value Proposition for Business– Company-specific projects across all disciplines– Access to functional experts across many disciplines– Access to current research– Access to COB students (potential future employees)
• Value Proposition for Students– Immersion in real‐world projects– Development of leadership skills– Access to a professional network
Outlook 2019-2020United StatesEconomy
Outlook 2019-2020
United StatesEconomy
United StatesEconomy
World United StatesEconomy
US Department of Commerce, Bureau of Economic Analysis
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Presentation Notes
Presentation2/US US NIPA Q2QY2Y 2018012.2%2.6%2015Q13.3%3.8% 2018024.2%2.9% 2018033.4%3.0% 2018042.2%3.0% 2019013.1%3.2% GDP NOW ON JULY 3 – 1.3%
US Department of Commerce, Bureau of Economic Analysis
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Presentation Notes
Presentation2/US US NIPA Q2QY2Y 2018010.5%2.4% 2018023.8%2.6% 2018033.5%2.9% 2018042.5%2.6% 2019011.3%2.8%
US Department of Commerce, Bureau of Economic Analysis
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Presentation Notes
Presentation2/US US NIPA
US Department of Labor, Bureau of Labor Statistics
US Department of Commerce, Bureau of Economic Analysis
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Presentation Notes
Presentation1/inflationQUARTERLY Moves like the CPI, but is not as variable Core vs Headline 2018Q11.75%1.89% 2018Q21.94%2.19% 2018Q31.98%2.18% 2018Q41.91%1.87% 2019Q11.66%1.39%
Federal Reserve Bank, US Treasury, and Freddie Mac
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Presentation Notes
PRESENTATION1/INTEREST RATES The Effective Federal Funds Rate is the rate set by the FOMC (Federal Open Market Committee) for banks to borrow funds from each other. FF10Y Treas30yr Fixed 2018071.912.894.53 2018081.912.894.55 2018091.953.004.63 2018102.193.154.83 2018112.203.124.87 2018122.272.834.64 2019012.402.714.46 2019022.402.684.37 2019032.412.574.27 2019042.422.534.14 2019052.392.404.07 2019062.382.073.80 2019072.412.043.75estimate
Federal Reserve Bank, US Treasury, and Freddie Mac
