January 6, 2012 by Janet Perez, NMSU News Center
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Top national and state economists will unveil their economic forecasts for 2012 at the inaugural Economic Outlook Conference sponsored by the College of Business at New Mexico State University and Wells Fargo Bank.
The free conference takes place from 3:30-5:30 p.m. Jan. 12 at the Corbett Center Student Union on the NMSU campus.
“Wells Fargo’s decision to co-host its economic forecast conference in Las Cruces reflects the growing importance this region has on the overall state economy,” said Garrey Carruthers, dean of the NMSU College of Business and vice president for economic development.
“Wells Fargo is proud to partner with NMSU to present this inaugural economic outlook event,” said Lisa Riley, regional president for Wells Fargo New Mexico. “The purpose of this event is to deliver the very latest information concerning the United States and New Mexico economies. Recent history, current state and future paths of each of these economies will provide the business owner or executive with the best information available to plan for the coming year.”
Delivering the national economic forecast for Wells Fargo will be Eugenio Alemán, a senior economist and vice president for the company. Alemán will discuss the country’s strengthening economy as job creation rises and the housing market stabilizes. He also will discuss the challenges still facing the nation’s economy, particularly the risk posed by a potential collapse of the euro.
At Wells Fargo, Alemán forecasts national, regional and international economic trends. His primary focus is the United States, including interest rates and the economies of Texas and Arizona. He also is an expert on the economies of Mexico, Brazil and Argentina. Within that area, his specialties include the economies of border towns that trade with Mexico and the maquiladora-manufacturing sector along the U.S.-Mexico border. He is based in Charlotte, N.C.
After Alemán’s presentation, NMSU economist Jim Peach will provide the state’s economic forecast. Peach will explain how the national economy affects New Mexico and also will focus on economic growth prospects for the state.
“Three sectors of the state economy — government, energy and construction — will be key factors in both the short- and long-run recovery in New Mexico,” Peach said.
To register for the event, contact Judy Wetzel at 575-521-6849 or at firstname.lastname@example.org