Meeting Archive:
The U.S. Economic Outlook and Its Impact on Small Businesses

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Meeting Description:
Join Visa Economist, Jay Hawkins, as he shares the near-term outlook for the U.S. economy including the health of small businesses, consumer spending, housing prices and more. 
 
In this session, Jay will cover:
 
  • An analysis of which demographic segment(s) will provide opportunities for future spending growth, partially derived from VisaNet data. 
  • How much longer the current economic expansion is expected to last and when the next recession is likely to occur.
  • Whether the slowdown in job growth in March is expected to persist, or if job growth is expected to rebound for the balance of 2017 and 2018. 
 
Cosponsorship Authorization # SBW 2017. SBA’s participation in this cosponsored activity is not an endorsement of the views, opinions, products or services of any cosponsor or other person or entity. All SBA programs and services are extended to the public on a nondiscriminatory basis.
Details
Date: Tue, May 2, 2017
Time: 02:00 PM EDT
Duration: 1 hour
Host(s): SBA and SCORE
 Presenter Information
Jay Hawkins - Sr. Economist
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As a Senior Economist in Business and Economic Insights, Jay Hawkins is responsible for building econometric models to forecast sales volume for each Visa product, including the twice-yearly update of the Bankcard Outlook, a comprehensive forecast of the bankcard industry.
 
He also provides expert consulting advice to Visa Clients on the economic environment and how that impacts the financial performance of the payments industry.
 
Before joining Visa USA, Mr. Hawkins was a Senior Economist at TransUnion for two years and a Senior Economist at The Hartford for four years where he specialized in building econometric models for the financial services industry. He has also held economic research positions at several consulting firms, including Informa Economics and the Regional Economic Studies Institute of Towson University.
 
Mr. Hawkins holds a B.S. in Finance and an M.A. in Applied Economics.
 

Visa - Cosponsor
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Visa is a global payments technology company that connects consumers, businesses and financial institutions around the world with products and services that make payments more convenient and more secure.
 
Visa helps millions of cardholders across the world better manage their finances by enabling them to pay ahead with a prepaid card, to pay now with a debit card or to pay later with a credit card. We offer customers peace of mind in knowing they can use their cards with convenience, security and ease, virtually anywhere in the world, at any time.

SBA - Cosponsor
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The U.S. Small Business Administration (SBA) was created in 1953 and since January 13, 2012 has served as a Cabinet-level agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.  The SBA helps Americans start, build and grow businesses.  Through an extensive network of field offices and partnerships with public and private organizations, the SBA delivers its services to people throughout the United States, Puerto Rico, the U.S. Virgin Islands and Guam. www.sba.gov