UofSC conference to probe 2023 economic outlook

Columbia, South Carolina — The University of South Carolina’s Darla Moore School of Business will explore the state’s post-COVID economic recovery and the federal government’s response to record inflation levels at the 42nd Annual Economic Outlook Conference. The event, featuring state and national political and economic experts, will be from 11:30 a.m. to 3:45 p.m. Tuesday, Dec. 6, at the Pastides Alumni Center.

The highest inflation levels in more than 40 years have limited consumer spending because prices are rising faster than wages. Labor and material costs are also rising, slowing business production. In response, the Federal Reserve has made aggressive interest rate hikes to slow demand and curtail inflation, which could trigger a recession.

The Economic Outlook Conference will address key questions about a potential recession and its impact on the U.S. and South Carolina economies:
• What is the likelihood of a recession and what would it look like?
• Are we headed for a hard crash or a soft landing?
• How long would a recession last?
• What would a recession mean for the stock market and housing prices?
• What leading economic indicators should we track?
• How would a recession affect the widespread global supply chain constraints and labor shortages?

The interactive event will include several Q&A sessions.

2022 speakers include:
• Keynote speaker: ¬¬¬
o Barbara Melvin, South Carolina Ports CEO
• Featured speakers:
o Felicia Rhue Howard (‘85 UofSC electrical and computer engineering, ‘91 Professional MBA), Dominion Energy vice president of economic development strategy
o Daniel Rickenmann (‘92 UofSC political science), Columbia mayor
o Joey Von Nessen (‘09 Ph.D. in economics), research economist, UofSC Darla Moore School of Business
o Doug Woodward, division of research director and professor, UofSC Darla Moore School of Business
The Economic Outlook Conference is offering in-person ($55, includes lunch) and virtual ($40) options. Media and UofSC students, staff and faculty may attend for free. Register or learn more by visiting sc.edu/moore/eoc.

The Darla Moore School of Business at the University of South Carolina is among the highest-ranked business schools in the world. Well known for international business education and research, the school also has highly ranked operations and supply chain programs at both the undergraduate and graduate levels and ensures that all undergraduates and most graduate students leave the school data proficient, analytically capable and functionally based. Founded in 1919, the school has a history of innovative educational leadership, blending academic preparation with real-world experience through internships, consulting projects, study abroad programs and entrepreneurial opportunities. The Moore School offers undergraduate, master’s and doctoral degrees, as well as distinctive executive education programs. In 1998, the school was named for South Carolina native and New York financier Darla Moore, making the University of South Carolina the first major university to name its business school after a woman. Learn more at sc.edu/moore.

SCBIZtv is part of the SC Biz News family, serving 100,000 high-level business execs throughout South Carolina. Click for more from SCBIZtv.