NMSU professors share economic insights in Chamber of Commerce forum

August 16, 2013 by Amanda Bradford, NMSU News Center

Making sense of economic trends requires some context. Whether you’re a global executive or the owner of a small business in a growing community like Las Cruces, you need to stay informed about how the global markets, national trends and local and regional forecast might have an impact on your bottom line.

Get some answers at an economic update forum hosted by the Greater Las Cruces Chamber of Commerce at the KRWG-TV studio in Milton Hall on the NMSU campus from 1 to 2 p.m. Tuesday, Aug. 20. Three New Mexico State University College of Business professors will present their take on the latest economic trends and answer audience questions about what business can expect in the near future.

Economics Professor Christopher Erickson will speak on local and regional trends and how they compare to the national picture.

“Las Cruces continues to struggle economically compared to the national economy,” Erickson said. “Our slower employment growth reflects the larger impact of the federal budget sequester on our economy. Our two largest local employers, White Sands and NMSU, are heavily dependent on federal spending.”

Distinguished Economics Professor Jim Peach will open the forum with an overview of the national economy, and Interim Finance Department Head and Distinguished Professor Ken Martin will share his knowledge about the stock market, its current state and where it is headed next.

Bill Allen, president and CEO of the Greater Las Cruces Chamber of Commerce, said the forums, which have been held roughly quarterly since 2009, are a useful service the chamber is happy to help provide.

“We are honored to partner with NMSU to deliver what we believe is very important information, not only to our members, but also to the community in general,” Allen said.

Fred Martino, assistant executive director at KRWG-TV, will host and moderate the forum. He said the audience involvement adds depth to the discussion.

“We enjoy giving the community the opportunity to ask questions during the chamber forums,” he said. “The audience always provides a wide variety of topics that are important to the region.”

The forum is free and open to the public. Participants are encouraged to bring questions for the panel. Metered parking is available near Milton Hall, and staff and student lots are free to park in with campus visitor parking pass, available to print at https://ict-iisweb.nmsu.edu/auxadmin/ParkingForms/ePermit.aspx. For a map of campus parking, visit http://park.nmsu.edu/wp-content/uploads/sites/21/2013/05/Map.pdf.

The forum will also be shown on KRWG-TV Channel 22 at 7 p.m. Aug. 22, 5 p.m. Aug. 24 and 11 a.m. Aug. 25. Video of the most recent forum, held in April, is online at http://bit.ly/1a9rB8L

For more information, visit http://www.krwg.org.

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