2016 Business Outlook Tour visiting 10 Indiana cities beginning in Indianapolis

  • Oct. 19, 2015


Editors: A schedule of the Business Outlook Panel's appearances around the state is below. Arrangements have been made for media -- including television and radio stations -- covering the Indianapolis presentation. Media wishing to cover other panel events should check with local sponsors.

BLOOMINGTON, Ind. -- Indiana University's Kelley School of Business will present its 2016 economic forecasts for Indiana and the nation, beginning with presentations on Thursday, Nov. 5, in Indianapolis and Bloomington.

The IU Kelley School's Business Outlook Tour will begin with a program at 7:30 a.m. in Indianapolis at the Columbia Club, 121 Monument Circle. The panel also will present its forecast at noon that day in Alumni Hall at the Indiana Memorial Union, 900 E. Seventh St.

"This is the time of year when businesses, government agencies and investors are making plans for the year ahead. The Business Outlook Panel will share the latest insights from IU experts with audiences throughout Indiana in the coming weeks," said Jerry Conover, director of the Indiana Business Research Center.

"Though the recovery from the Great Recession has progressed over several years, it has been a slow and often bumpy ride," Conover added. "Many factors, at home and abroad, make it challenging to know where the economy is headed. The Business Outlook Panel aims to clarify what to expect in 2016."

Since 1972, the Kelley School of Business has presented its national, state and local forecasts through a series of presentations in cities throughout Indiana. The Indiana Business Research Center is celebrating its 90th year of providing economic information needed by many Indiana businesses, governmental units and nonprofit organizations.

The starting point for the forecast is an econometric model of the United States, developed by IU's Center for Econometric Model Research, involving hundreds of statistical equations to develop a national forecast for the coming year.

A similar econometric model of Indiana provides a corresponding forecast for the state and metro-area economies, based on the national forecast and data specific to Indiana. The Business Outlook Panel then adjusts the forecasts to reflect additional insights the panelists have on the economic situation.

At each presentation, the panel features faculty members from the Kelley School and IU, plus local panelists from other IU campuses and other universities, offering perspectives on the global, national, state and local economies and financial markets.

Appearing at the Indianapolis presentation will be Timothy Slaper, the Indiana Business Research Center's director of economic analysis; James Smith, senior lecturer in finance; Robert Neal, associate professor of finance; and Willard Witte, associate professor emeritus of economics and co-director of the Center for Econometric Model Research.

Idalene "Idie" Kesner, dean of the Kelley School of Business and the Frank P. Popoff Chair of Strategic Management, will moderate the discussion and public question-and-answer session.

The tour is sponsored by IU's Kelley School of Business, the IU Alumni Association, IU campuses and numerous community organizations.

Business Outlook Tour schedule:

Nov. 5 -- Indianapolis, 7:30 a.m., Columbia Club. Contact the Kelley School of Business Office of Development and Alumni Relations at 812-855-6340 or register online. Cost is $35 for individuals. A table for 10 people can be reserved for $325, and half tables are available for $170. Advance registration is encouraged and should be done by Oct. 29. Call 812-855-6340 after the deadline.

Nov. 5 -- Bloomington, 11:30 a.m., Indiana Memorial Union Alumni Hall, 900 E. Seventh St. The cost is $16 for chamber members and Rotarians and $25 for the general public. (Bloomington North Rotary and Greater Bloomington Chamber of Commerce, 812-336-6381.)

Nov. 6 -- Schererville, 11:30 a.m., Teibles Restaurant, 1775 Route 41, $20. (Lake County Advancement Committee and Calumet College of St. Joseph, contact Edelia Ramirez,

Nov. 10 -- Kokomo, 7:30 a.m., Kelley Center Room 130, 2300 S. Washington St., $20 per person and sponsorships also are available. Register online. (IU Kokomo, contact Terri Butler, 765-455-9275 or

Nov. 12 -- Columbus, 7:30 a.m., Columbus Learning Center, 4555 Central Ave., $15. (Columbus Area Chamber of Commerce and Indiana University-Purdue University Columbus, 812-379-4457; register on the Columbus Chamber website.)

Nov. 13 -- New Albany, 7 a.m., Hoosier Room at IU Southeast, $25 per person or $175 for a table of eight. (IU Southeast School of Business and First Harrison Bank, register on the School of Business website or contact Cheryl Young, 812-941-2325 or

Nov. 17 -- Richmond, 7:30 a.m. Whitewater Hall Lobby for Breakfast, Vivian Auditorium for Panel, 2325 Chester Blvd., $15. (IU East Alumni Association, contact Terry Wiesehan, 765-973-8221 or

Nov. 17 -- Anderson, 11:30 a.m., Anderson Country Club, 602 North Shore Blvd., $15. (Anderson Rotary Club, contact Janet Brewer, 765-641-4272 or

Nov. 20 -- South Bend, 7:30 a.m., Education and Arts Building at IU South Bend, the event is by invitation only. (Teachers Credit Union, contact Robert Ducoffe, 574-520-4228;

Nov. 20 -- Fort Wayne, 11:30 a.m., International Ballroom at the Walb Student Union, 201 E. Coliseum Blvd., $25 for individuals and $200 for a table of eight; (Greater Fort Wayne Inc., contact Joe Wasson,, 260-203-5754)

Related Links

Timothy Slaper

Timothy Slaper

Print-Quality Photo

Willard Witte

Willard Witte

Print-Quality Photo

Media Contacts

George Vlahakis