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New Mexico State University

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NMSU and Wells Fargo Bank to deliver economic forecasts for 2013

Top national and state economists will present their economic forecasts for 2013 at the second annual Economic Outlook Conference sponsored by the College of Business at New Mexico State University and Wells Fargo Bank.

Eugenio J. Aleman, senior economist and director at Wells Fargo Bank, forecasts national, regional and international economic trends. He will be one of the featured speakers at the Economic Outlook Conference co-sponsored by NMSU's College of Business on Feb. 21. (Courtesy Photo)

The free conference will take place from 4-5:30 p.m. Feb. 21 in the College of Health and Social Services auditorium on the NMSU campus.

"Last year's conference was a huge success. Presenters provided a comprehensive outlook of the short- and long-term future of the national economy as well as key points about the state and region," said Garrey Carruthers, dean of the NMSU College of Business and vice president for economic development. "I am pleased to again have the opportunity to partner with Wells Fargo Bank in making this resource available to students and the community."

Berna Holzman, district manager for Wells Fargo's southern markets, expects the event to help community, business and government leaders be better prepared for 2013 with a greater understanding of the economic outlook for the region and nation.

"It is our hope that the information presented at this year's conference will be a useful tool in planning for 2013 and beyond. The knowledge that will be shared will provide a strong foundation for making business decisions and will highlight areas for possible growth and concern," Holzman said.

Wells Fargo Bank is the state's largest bank by deposits with more than 96 bank stores in 52 communities.

Eugenio Aleman, senior economist and director of Wells Fargo, will return to NMSU to discuss the status of the national economy. His primary focus is the U.S. economy and interest rates. He will shed light on the economy's future path and identify key areas of risk in the coming quarters.

NMSU economist Jim Peach will address the economic status of the state and region. He will discuss New Mexico's slow recovery from the Great Recession and will report on what it implies for future economic growth in the state.

"Over the next year or two, the fate of the New Mexico economy will be determined largely by two critical factors, the volatility of oil and gas prices and potential reductions in federal government expenditures," Peach said. "New Mexico policymakers have little or no control over these factors."

Event registration and access to free parking permits is available online at http://business.nmsu.edu/events. Registration can also be made by phone through Judy Wetzel at 575-521-6849.