H-R Chamber presents Economic Forecast

The Harrisonburg-Rockingham Chamber of Commerce will host its Annual Economic Forecast on Wednesday, Feb. 2, 2011, from 7:30 to 9:30 a.m. in the Grace Street Building, fourth floor conference room, at the former RMH campus, Harrisonburg.

The Chamber’s Economic Forecast is becoming one of most comprehensive economic outlook events in the region. Consumers, businesses, and economists are all debating the same question – when will the economy bounce back? Presenters at the event will offer insight into our economy, including local, regional, state, and southeast U.S. economic trends, along with predictions for the coming year.

Ann Battle Macheras, the regional research vice president of the Federal Reserve Bank of Richmond, will kick off the event with a state and southeast economic analysis. Macheras oversees a professional staff engaged in research and analysis of regional economic conditions, and advises internal Bank leadership in this area as well. In addition to tracking the regional economy, her research interests include regional industry specialization and determinants of growth at the regional level.

The Economic Forecast is a popular event each year, given the interest in local trends. “This year, we are looking at the bigger economic picture, and the Federal Reserve Bank is a leading and credible source of economic information and analysis,” says Frank Tamberrino, president of the Harrisonburg-Rockingham Chamber of Commerce. “We are fortunate to have Ann Macheras with us in February”.

Billy Vaughn, Rockingham County director of economic development and Brian Shull, Harrisonburg’s economic development director will also deliver an assessment of local economic indicators, including employment, real estate market trends, housing, and more.

The Chamber hosts this event each year in hopes of broadening our members’ understanding of the local, regional and state economies and the trends that impact our community. The Chamber’s Annual Economic Forecast is open to the public; however, registration is required. Admission includes breakfast, and is $20 for the general public and $10 for Chamber members.

For more information and to register, visit www.hrchamber.org.


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