Business Forum: 2006 Economic Forecast November 4, 2005 7:00-9:30 AM Denver Marriott West Hotel

On the morning of November 4, 2005 at the Denver Marriott West Hotel, Jefferson Economic Council hosted the 2006 Economic Forecast. This annual event reveals what is on the horizon for next year's economy and business climate and is historically one of JEC's most popular. This year was no exception. With a sold-out crowd of 300 attendees, the event was very well received.

Three economic professionals spoke about the economy in their respective areas of expertise.

Giving the national perspective this year was Dr. Scott Anderson, Senior Economist for Wells Fargo. Dr. Scott Anderson is responsible for analysis and forecasting of international, national and regional economic trends. Areas of focus include macroeconomic and interest rate forecasting, financial markets and international economics.

He provides daily analysis of U.S. economic news, and produces Wells Fargo Economics macroeconomic forecasts. He authors the bi-monthly Wells Fargo California Outlook report and co-authors Wells Fargo’s weekly Financial Market Strategies report and the monthly Economic Indicators report. In addition, he covers the United Kingdom, China, South Korea, Japan, Hong Kong, and Singapore as part of a bi-monthly international report offered by Wells Fargo.

Rich Wobbekind, Director of the Business Research Division for University of Colorado at Boulder gave the forecast at the Colorado state level. Wobbekind is Associate Dean for External Relations, Associate Professor of Business Economics and Finance, and Director of the Business Research Division at the Leeds School of Business at CU. His responsibilities include developing an annual consensus forecast and performing various economic impact assessments of the Colorado economy. Click here for Rich's presentation.

Patty Silverstein, President of Development Research Partners, returned to deliver the regional and local economic forecast. Based in Jefferson County, Silverstein's expertise is in economic research and economic development, including site location and real estate analysis, industry studies and strategic economic development planning. She has extensive experience in preparing economic and fiscal impact analysis for community development purposes. Patty's presentation is available here.

The event was hosted by JEC President & CEO Preston Gibson.

Event Sponsors included: FirstBank, Denver West Realty, Colorado Real Estate Journal, Brownstein Hyatt & Farber, Church Ranch Corporate Center, Collaborative Growth, Colorado Lending Source, Continuum Partners, Development Research Partners, Elk Valley Public Improvement Corp, Gambro, Kiewit Building Group, Tri-County Workforce Center, and Wells Fargo.

The popular event quickly sold out.		The forum opened with Wells Fargo's Dr. Anderson providing his forecast from a national perspective.
University of Colorado's Rich Wobbekind presented the 2006 economy from the state perspective.		Patty Silverstein presented her popular annual forecast of the local market.