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George Vlahakis

Last modified: Monday, October 21, 2002

Kelley School's Business Outlook Panel to provide an economic forecast for 2003

EDITORS: A schedule of the panel's appearances is attached. Media with questions about any of the presentations are advised to call George Vlahakis, IU Office of Communications and Marketing, at 812-855-0846 or Arrangements have been made for electronic media covering the Indianapolis presentation. At other panel appearances, media arrangements are being handled by the sponoring organization.

BLOOMINGTON, Ind. -- For 30 years, Hoosiers around the state have turned to economists at Indiana University and its Kelley School of Business each November for insights on the future of the state and national economies. In uncertain times like today, they have provided useful guidance to citizens, policy makers and business people.

IU's Business Outlook Panel again will tour the state in November, visiting 10 cities, beginning with a 7:30 a.m. presentation on Nov. 7 at the Columbia Club in Indianapolis, followed by a similar presentation later that day in Bloomington.

The Business Outlook Panel program was founded in 1972 as a service to bring current economic information to the state's business communities.

The panel will forecast economic conditions for the state and nation in the coming year, and will discuss current state economic development issues. It will feature faculty members from the Kelley School and the IU Department of Economics, including panelists with varying perspectives on the national and state economies.

The presentations will feature faculty experts in economics and finance who will identify key topics of concern to decision-makers in Indiana, and discuss issues likely to be pertinent to the business and government sectors in 2003. The panelists have a proven track record for their ability to predict national, state and local economic trends.

This year's tour is sponsored by the IU School of Business, the IU Alumni Association, IU campuses and local chambers of commerce.

The starting point for the forecast is the Indiana Econometric Model, which combines state statistics and a national forecast to develop projections for the coming year. Regular panel presenters will be joined in most cities by an economist from that area who has prepared a forecast for the local economy.

To register for the Indianapolis presentations, contact the Kelley School of Business Alumni Programs Office at 812-855-6340 or go to its Web site at The cost is $25 for IU Alumni Association members and $30 for everyone else. A table for 10 people can be reserved for $275.

For questions about other panel presentations, contact the sponsoring organization or the Indiana Business Research Center at 812-855-5507.

Business Outlook Panel Tour Schedule

(Note: Local sponsors and their phone numbers are listed in parentheses.)

Nov. 7 - Indianapolis: 7:30 a.m., Columbia Club Ballroom (IU Indianapolis Business Alumni Club, 812-855-6340); Bloomington: noon, Terry's Banquet Center (Greater Bloomington Chamber of Commerce, 812-336-6381)

Nov. 8 - Columbus: 7:30 a.m., Donner Center (Columbus Chamber of Commerce, 812-379-4457)

Nov. 12 - Richmond: 7:30 a.m., Forest Hills Country Club (IU East, 765-973-8221); Anderson: noon, Anderson Country Club (Anderson Chamber of Commerce, 765-642-0264)

Nov. 13 - Fort Wayne: noon, Memorial Coliseum (Fort Wayne Chamber of Commerce, 219-424-1435)

Nov. 14 - Kokomo: 7:30 a.m., Kelley Center, IU Kokomo (IU Kokomo, 765-455-9231)

Nov. 15 - Schererville: 7:30 a.m. and noon, Teibles Restaurant (Purdue Cooperative Extension Service, 219-755-3240)

Nov. 19 - New Albany: 7:30 a.m., Hoosier Room, IU Southeast (IU Southeast, 812-941-2362); Evansville: 11:30 a.m., Executive Inn-Downtown (Evansville Chamber of Commerce, 812-858-3872)