January 13, 2016

Two economists from the Detroit branch of the Federal Reserve Bank of Chicago will present the 2016 economic forecast Feb. 3, 6-8 p.m., at the Baker College of Flint Center for Business, 1050 W. Bristol Road.

Co-sponsored by Baker and the Flint & Genesee Chamber of Commerce, the event is free and open to the public; registration is not required.

The Fed presenters, Paul Traub, senior business economist, and Martin Lavelle, business economist, will look at what 2016 may hold economically for the state of Michigan, the region and the nation.

“The economy affects everyone’s lives on many levels so the opportunity to get an economic analysis from two of the region’s top economists is not to be missed,” said John Cote, Ph.D., Baker College of Flint dean of business administration. “The Federal Reserve is the nation’s central bank, and the speakers are experts on Michigan’s economy who will offer valuable insights for students, civic leaders and citizens alike.”

Paul Traub Paul Traub

Traub is responsible for research and current analysis at the Detroit branch. Prior to joining the Fed, he was president of Scenario Economics LLC and senior economist for Americas Commercial Transportation Research Company LLC.

Traub is a member of the Detroit Association of Business Economists Board of Directors, the National Association of Business Economists and the Detroit Economic Club. He also serves on advisory boards for the Baker College of Flint Center for Business, Lawrence Technological University’s College of Management and the U.S. Army TACOM LCMC, and has served as adjunct faculty at Oakland University’s School of Business.

Martin Lavelle Martin Lavelle

Lavelle is responsible for economic research, education and outreach at the Detroit branch. His research topics include the auto industry, consumer spending, business activity, the U.S.-Canada border and how they impact Michigan’s economy as well as the Fed’s Chicago District and national economies. Lavelle also teaches managerial economics at the University of Michigan–Dearborn and volunteers with Junior Achievement teaching high school students about entrepreneurship.

The Federal Reserve Bank of Chicago is one of 12 regional Fed banks across the country that, together with a board of governors in Washington, D.C., serves as the nation’s central bank. The Chicago Fed serves the Seventh Federal Reserve District, which includes Iowa and most of Illinois, Indiana, Michigan and Wisconsin.

For more information about the 2016 economic forecast presentation, contact Jodi Cuneaz at jodi.cuneaz@baker.edu or (810) 766-4000.