Business Outlook Panel set for Nov. 14

Experts from Indiana University and Columbus will soon present an economic forecast for 2023.

The Indiana Business Outlook Panel tour is returning this November, IU officials said. The Columbus visit is set for Nov. 14 at The Commons. Lunch will begin at 11:30 a.m., presentations start at noon and a question-and-answer session will follow.

According to the Columbus Area Chamber of Commerce, proceeds from the local event support scholarships for IUPUC business students. Registration is available at business.columbusareachamber.com. Individual in-person tickets cost $30 — or for the same price, guests can register to receive a livestream link and tune in remotely. A sponsored table for eight costs $500.

The Indiana University Kelley School of Business has presented the annual Business Outlook forecast to communities around the state since 1972, basing predictions on research from its Indiana Business Research Center.

This year’s Business Outlook tour includes visits to nine cities, starting Nov. 10 in Bloomington. At each stop, Kelley School faculty and local panelists will provide 2023 economic forecasts at a global, national, state and local level. Their insights will include economic trends expected to occur in the coming year as well as the outlook for financial markets.

Featured speakers at the Columbus panel will include Ryan Brewer, associate professor of finance for IUPUC’s business division; Jason Hester, president of the Greater Columbus Economic Development Corp.; Jennifer Lynn Rice, senior lecturer with the Kelley School; and Phil Powell, academic director of the Indiana Business Research Center. Powell also is associate dean of Kelley academic programs in Indianapolis and a clinical associate professor of business economics and public policy.

Sponsors include the Columbus Area Chamber of Commerce, Centra Credit Union and IUPUC’s business division. The Business Outlook tour is sponsored by the Kelley School, Indiana Business Research Center, Indiana University Alumni Association, Indiana University campuses and various community organizations.

“Our forecasts have always helped Hoosiers understand economic risk and plan for the next year and helped communities remain globally competitive,” Powell said. “Given the continued concerns over inflation, interest rates and a possible oncoming recession, our forecasts offer important insights for how to anticipate 2023.”