Outlook 2021

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Outlook 2021

We are excited to invite you to CBER’s end-of-year Economic Outlook 2021 event on November 9, 2021 at the Stripview Pavilion next to the Thomas and Mack Center from noon to 3:00pm. Doors open at 11:00am.

This event will look different than it has in the recent past in a variety of ways:

First, the format is changing to a longer run-time so we can provide attendees with a well-rounded experience that allows them to leave with a better understanding of what’s to come in the next year.
Second, and most exciting, we are honored that Secretary of the Treasury Janet Yellen will be welcoming our attendees from Washington, D.C. with a pre-recorded keynote and answer several questions submitted from our audience in advance. Secretary Yellen’s remarks will focus on the U.S. economy in the coming year and some of the priorities for the Treasury Department as it relates to the Southern Nevada Economy.

Third, we will be hosting panels and fireside chats in addition to our end of the year forecast to give our attendees more dialogue, conversation, and Q&A as it relates to what is important to for 2022. This includes a fireside chat with CBER’s Director of Research, Dr. Stephen Miller, and a panel discussion with several economic experts, and a panel hosted by the Troesh Center for Entrepreneurship.

Outlook 2021 Event Details

When:

Tuesday, November 9

Time:

Noon to 3:00 pm (Pacific). Doors open at 11:00 am (Pacific)

Cost:

$100 in-person, $50 virtual, $25 or $10 for students

Your ticket includes:

  • Lunch, coffee, and post-program networking event (in-person only)
  • Digital copy of UNLV’s end-of-year Economic Outlook 2021
  • In-person or virtual access to the event
  • A digital recording of the event
  • Our in-person capacity is limited to 300 people and we are requiring proof of vaccinations or a negative COVID-19 test within the last three (3) days. Details will be emailed after ticket purchase.

Sponsor Details:

We are currently looking for sponsorship opportunities for the end-of-year Economic Outlook 2021 event, contact Andrew Woods or 702-895-3012.

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I would like to purchase an end-of-year Economic Outlook 2021 ticket for in-person access to the event. The cost is $100.
I would like to purchase an end-of-year Economic Outlook 2021 ticket for virtual access to the event. The cost is $50.
I would like to purchase an end-of-year Economic Outlook 2021 student ticket for in-person access to the event. The cost is $25. (Proof of ID required).
I would like to purchase an end-of-year Economic Outlook 2021 student ticket for virtual access to the event. The cost is $10. (Proof of ID required).

Master of Ceremonies

Andrew Woods, Director portraitAndrew brings more than 15 years of experience as a business and public affairs professional, complimented with a bachelor’s degree in political science and economics from American University, scholarly work at University College London, and a master’s degree in public policy from The University of Chicago.

Prior to joining UNLV’s CBER, Andrew started and ran a successful economic analysis, financial management, and public affairs consulting firm, as CEO of Woods Strategies, in Las Vegas, Nevada. His expertise in applying data and research to strengthen organizations and communities has led him to hold many leadership positions both in the public and private sectors. He is known for his financial acumen, vision, reliability, and integrity.

Andrew has been involved in the public policy process on behalf of his clients and has a passion for data-driven solutions to complex problems. Andrew’s knowledge of and interest in a variety of diverse policy issues is why he is a regular contributor to journalism outlets such as Nevada Public Radio and the Las Vegas Sun.

Speakers

Keynote
Janet Yellen
U.S. SECRETARY OF THE TREASURY

Treasury Secretary Janet Yellen portraitOn January 26, 2021, Janet Yellen was sworn in as the 78th Secretary of the Treasury of the United States. An economist by training, she took office after almost fifty years in academia and public service. She is the first person in American history to have led the White House Council of Economic Advisors, the Federal Reserve, and the Treasury Department.

Janet Louise Yellen was born in Bay Ridge, Brooklyn in 1946. Her mother, Anna Ruth, was an elementary school teacher while her father, Julius, worked as a family physician, treating patients out of the ground floor of the family’s brownstone.

In 1967, Secretary Yellen graduated from Brown University and went on to earn her Ph.D. at Yale. She was an assistant professor at Harvard until 1976 when she began working at the Federal Reserve Board. There, in the Fed’s cafeteria, she met fellow economist, George Akerlof. Janet and George would marry later that year. They would go on to have a son, Robert, now also an economics professor.

In 1980, Secretary Yellen joined the faculty of the University of California at Berkeley, where she became the Eugene E. and Catherine M. Trefethen Professor of Business and Professor of Economics. She is Professor Emeritus at the university.

Secretary Yellen’s scholarship has focused on a range of issues pertaining to labor and macroeconomics. Her work on “efficiency wages” with her husband George Akerlof studied why firms often choose to pay more than the minimum needed to hire employees. These businesses, they found, are often making a wise decision. Firms that offer better pay and working conditions tend to be rewarded with higher morale, reduced turnover, and greater productivity.

In 1994, President Bill Clinton appointed then-Dr. Yellen to the Federal Reserve Board of Governors. Three years later, he named her Chair of the White House Council of Economic Advisers.

In 2004, Secretary Yellen began her third tenure at the Federal Reserve, this time as President of the Federal Reserve Bank of San Francisco. From that post, she spotted a worrying economic trend – a bubble in home values. When the housing bubble popped in 2008, Secretary Yellen helped manage the resulting financial crisis and recession. In 2010, President Barack Obama, appointed her Vice-Chair of the Federal Reserve, before nominating her to succeed Fed Chair Benjamin Bernanke as the nation’s top central banker. Secretary Yellen would serve as Chair of the Federal Reserve from 2014 until 2018.

On December 1, 2020, then-President-elect Biden nominated Dr. Janet Yellen for the post of Treasury Secretary. “She has spent her career focused on unemployment and the dignity of work,” he said, “She understands what it means to people and their communities when they have good, decent jobs.” Prior to serving at the Treasury Department, Secretary Yellen was a Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution. During 2020-2021 she served as President of the American Economic Association. She is a member of the American Academy of Arts and Sciences and the Council on Foreign Relations. She was also a founding member of the Climate Leadership Council.

Secretary Yellen has served on the advisory boards of the Bloomberg New Economic Forum, the Committee for a Responsible Federal Budget and Fix the Debt Coalition (CRFB), and the Washington Center for Equitable Growth Steering Committee. She was elected to the Yale Corporation as an alumni fellow in 2000, serving until 2006.

Dr. Yellen has received honorary doctorates from Bard College, Brown, the London School of Economics, NYU, the University of Baltimore, the University of Michigan, the University of Warwick, and Yale from which she also received the Wilbur Cross Medal for distinguished achievements in scholarship, teaching, academic administration, and public service.

Economic Forecast by Stephen M. Miller

PROFESSOR, UNLV CENTER FOR BUSINESS AND ECONOMIC RESEARCH

Dr. Stephen M. Miller portrait

Stephen M. Miller served as director of the Center for Business and Economic Research for the last six years. He is the former chair of the Board of Directors of The Economic Club of Las Vegas, a professor of economics, and former department chair in the Lee Business School at the University of Nevada, Las Vegas.

Prior to that, he was professor of economics and department head at the University of Connecticut. He also held visiting positions with the Federal Reserve Bank of Boston and with the Congressional Budget Office. He received higher education training at Purdue University, receiving his bachelor’s degree with distinction in Engineering Sciences Engineering (a part of the Aeronautical Engineering School), and at the State University of New York at Buffalo, receiving his M.A. and Ph.D. degrees in economics.

At UNLV, he developed with one of his M.A. students, Mustafa Gunaydin, the CBER-DETR Nevada Coincident and Leading Employment Indexes. These indexes track the contemporaneous and future movements in the Nevada employment markets. After becoming Director of CBER, he developed general coincident and leading indexes for the Nevada and Southern Nevada. These indexes track the contemporaneous and future movements in the overall Nevada and Southern Nevada economies.

Event Schedule

11:00am – Doors open

11:30am – Lunch, coffee, and pre-program networking event

12:00pm – Welcome remarks, CBER Director, Andrew Woods

12:15pm – Remarks and introduction of Secretary Yellen by UNLV President, Keith Whitfield

12:30pm – Pre-recorded remarks and question and answer by U.S. Treasury Secretary Janet Yellen

1:15pm – Introduction and remarks by Lee Business School Dean, Gerry Sanders

1:20pm – 2022 and 2023 Economic forecast and fireside chat with Stephen Miller, Ph.D.

2:00pm – Las Vegas entrepreneurship and innovation panel

2:30pm – Nevada Economic, Business, and Workforce Commentary Panel

3:15pm – Closing remarks

Corporate Sponsorship Levels

Franklin: $10,000

Franklin sponsors will receive 10 in-person and 5 virtual tickets to our end-of-year Outlook. They will have a dedicated table in the front row. Their corporate logos will be displayed at the beginning, during breaks, and end of the program as well as in our final digital Outlook forecast book, which every attendee will receive at the end of the conference. The emcee will publicly thank Franklin sponsors at the beginning and end of the program.

Tubman: $5,000

Tubman sponsors will receive 5 in-person and 5 virtual tickets to our end-of-year Outlook. They have a dedicated half table. Their corporate logos will be displayed at the beginning, during breaks, and end of the program as well as in our final digital Outlook forecast book, which every attendee will receive at the end of the conference. The emcee will publicly thank Tubman sponsors at the beginning and end of the program.

Hamilton: $2,500

Hamilton sponsors will receive 5 in-person tickets or 5 virtual tickets to our end-of-year Outlook. Their corporate logos will be displayed at the beginning, during breaks, and end of the program as well as in our final digital Outlook forecast book, which every attendee will receive at the end of the conference.

Lincoln: $1,000

Lincoln sponsorships will go towards the networking happy hour at the end of the program from 5:00 to 6:00 pm. Sponsors will have their logo displayed during the post-program happy hour. Their sponsorship will cover the cost of beverages and light hors-d’oeuvres. They will receive 2 in-person or 2 virtual tickets.