University of South Carolina

Will the economy steam ahead in 2012?

by Peggy Binette,, 803-777-5400

Seventy years after the Japanese attacked Pearl Harbor and vaulted the United States into a world war and out of the Great Depression, University of South Carolina researchers will deliver their 2012 economic forecast for a state and nation struggling to recover from what has been called the Great Recession.

Business leaders and the public will find out what’s ahead for the upcoming year of election-year politics and fragile recovery Wednesday, Dec. 7, at the Darla Moore School of Business’ 31st annual Economic Outlook Conference.

The annual conference, widely considered the state’s premier economic event, attracts scores of South Carolina business and government leaders to the Moore School to hear the forecast and discuss economic strategies.

John Silvia, Wells Fargo’s chief economist, will deliver a keynote address on the impact of election-year politics on economic recovery, and Bobby Hitt, S.C. secretary of commerce, will discuss governmental strategies for state economic growth.

The Economic Outlook Conference is set for 11:30 a.m. – 5:30 p.m. in Lumpkin Auditorium on the eighth floor of the Moore School. This year’s theme is “Prognosis for a Fragile Recovery.”

Here’s the rundown:

1 p.m. – “The Economy Rolls Into an Election Year: Results and Rhetoric,” Silvia;

1:45 p.m. – “South Carolina Economic Outlook,” Joseph Von Nessen, research associate, Moore School’s Division of Research;

2:30 p.m. – “Economic Hotspots in South Carolina,” Douglas Woodward, professor of economics and director of the Moore School’s Division of Research;

2:50 p.m. – “The Manufacturing Renaissance in South Carolina,” Hitt; and

3:45 p.m. – “Data for Economic Development in South Carolina,” Hildy Teegen, dean of the Moore School.

Registration is $55 and includes a networking lunch and reception. Advance registration is required and can be done online at by clicking on “events.” Early registration is encouraged. For more information, contact Tina Poindexter at 803-777-7311 or via email at

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Posted: 11/14/11 @ 3:30 PM | Updated: 12/06/11 @ 5:13 PM | Permalink