Who: Presentations by chief economists Wayne Best (Visa) and Bill Dunkelberg (NFIB) on the current state of consumer spending and the small business economy
What: You are invited to this free event that includes a reception and dinner
When: Wednesday, April 13, 2016 at 5:30-8:30 p.m.
Why: Stay in the know on economic trends impacting your small business. RSVP by April 6 to Malaise Norfleet at 512.476.9847
NATIONALLY ACCLAIMED ECONOMISTS TO PROVIDE INSIGHT ON LOCAL MARKET
NFIB/Texas hosts event in Houston featuring Wayne Best and William Dunkelberg
(HOUSTON, TEXAS) April 8, 2016 — National Federation of Independent Business (NFIB)/Texas, the state’s leading small business association, announced that Houston-area, small-business owners will be treated to a look into the future of the economy by two prominent pulse-takers, economists Wayne Best of Visa Inc. and William Dunkelberg of the NFIB.
At the event, the two economists will share insights and research highlighting what small business owners and consumers are actually saying – and doing.
“This is a timely event to have top economists visit Houston, as our area endures the brunt of the financial impact by the falling price of oil
,” said Michael Smith, NFIB/Texas Leadership Council Chairman and owner of STA Wealth Management. “Small business is the major force in Texas that drives economic growth through job creation and risk taking.”
“As an independent business owner living in an uncertain political climate, I am looking forward to gaining insight into the future of Texas economics provided by Dunkelberg who consistently takes the pulse of small business nationally and at the state level. Best, will also be providing invaluable information on consumer spending trends where he is dialed into what we can expect to see in financial impact to small business,” continued Smith.
For his part Dunkelberg, whose monthly survey of small-business owners is considered one of the nation’s top economic barometers, said the economy is improving slowly, but the small business sector is not performing with any strength.
“Small business owners continue to operate under a blanket of uncertainty,” said Dunkelberg, “and uncertainty is the enemy of spending and hiring behavior that would move the economy forward at a faster pace. But as consumer confidence improves, small businesses will benefit, pushing the economy forward.”
NFIB/Texas has 21,000 dues-paying members representing a cross-section of the state’s economy from agriculture, construction, and manufacturing to wholesale, retail, and services. Additionally, NFIB/Texas membership is 96 percent comprised of businesses who have 40 employees or less and is the largest association advocating for small business in the Capitol.
This event is part of an ongoing tour presented by the NFIB and Visa to provide small businesses with insights into local and national economic trends and designed to help them make more informed decisions about their businesses.
The next stop on their economic tour is Los Angeles, CA.