Overview of Regional Economic Conditions with the New York Fed

Description

Join us for an Overview of Regional Economic Conditions with the New York Fed

The Adirondack Regional Chamber of Commerce invites you to a presentation on regional economic conditions by Federal Reserve Bank of New York economist Jason Bram. Jason is an economic research advisor and research officer, within the Regional Analysis Function at the New York Fed. His research and analysis focus on the U.S. economy, with a primary emphasis on the Federal Reserve's Second District, which includes New York State, northern New Jersey, and southwestern Connecticut, as well as Puerto Rico and the U.S. Virgin Islands. Jason’s presentation will provide an overview of economic conditions in the Second District, with a focus on business activity and the labor market in Upstate New York.

Registration opens at 9:30 am and the program will begin at 10:00 am with welcoming remarks from Tom Murphy, President and CEO of Arrow Financial Corporation and Glens Falls National Bank and Trust Company, and Shawn Phillips, head of External Engagement at the New York Fed.

Following the presentation, Jason will answer questions from the audience about the regional economy.

About our speakers
Jason Bram is an economic research advisor in Urban and Regional Studies within the Household and Public Policy Research Division of the Federal Reserve Bank of New York. His research and analysis focus on the U.S. economy, with a primary emphasis on the Federal Reserve's Second District, which includes New York State, northern New Jersey, and southwestern Connecticut, as well as Puerto Rico and the U.S. Virgin Islands.

Mr. Bram produces the regional Beige Book reports, and uses monthly business surveys to monitor and analyze current and emerging economic trends and issues of concern. Recent research has focused on minimum wage effects and effect of the pandemic on local economies. Earlier research focused on housing markets, composite indexes of regional activity, dynamics of the Puerto Rico economy, and the impact of the 9/11 terrorist attack on the New York City economy. He has also published studies on some key sectors of the local economy, conducted ongoing research on commuting patterns, and researched the role of consumer confidence in the U.S. economy.

Shawn Elizabeth Phillips is Head of External Engagement at the Federal Reserve Bank of New York, a role she has held since October 2021.  She responsible for broadening and deepening relationships with civic, business, academic, and other constituents within the Second District.

Ms. Phillips joined the Bank in February 2007 as an attorney in the Legal department assigned to corporate affairs, and later acted as the New York Fed’s Corporate Secretary and as Secretary to the Executive Committee.  Prior to joining the New York Fed, she worked as an agency attorney for the New York City Fire Department and as an associate at two New York City law firms. 

Ms. Phillips holds a bachelor of arts in History and a JD, both from the University of Michigan.