Over Four Decades of Analysis and Forecasting
The David A. Bowers Economic Forecast Luncheon was created by David A. Bowers in 1974 to engage alumni in the school by sharing his perceptive predictions on the economy. The event, sponsored by the Alumni Association, quickly grew to a community-wide regional event. Bowers gave his last forecast in 2000 after 27 years of predictions, all while handling wild cards such as war, impeachment proceedings and government regulations. In recognition of his service the school renamed the luncheon in his honor, and the Alumni Association created the David A. Bowers Faculty Service Award, making Bowers its first recipient.
From 2001 to 2013, Professor Sam Thomas combined his research and intellect to provide his analysis of the economy as the presenter. His notable expertise in integrating the global macro business cycle with practices in corporate finance strategy and investment strategy added another dimension to the forecast.
Today, Mark Sniderman, PhD, Executive in Residence at the Weatherhead School of Management and former Executive Vice President and Chief Policy Office for the Federal Reserve Bank of Cleveland, is the keynote speaker. His academic and professional interests are focused on macroeconomics and financial regulation, especially the roles played by central banks. He gave his first forecast in December 2015. The Bowers Luncheon attracts business leaders from Northeast Ohio's financial service, legal, healthcare, and manufacturing industries. In the past decade, non-profit organizations and governments have expanded the audience base.