|Updated: 12/13/2012 5:16 pm
||Published: 12/13/2012 11:16 am
The Economic Outlook Conference, presented by the Tulsa Regional Chamber and the Spears School of Business at Oklahoma State University, presented a local and statewide economic forecast for the coming year.
The Economic Outlook event featured local and state economic forecasts, as well as a keynote address from Anthony Chan, JP Morgan Chase chief economist.
Chan said positive indicators of economic growth, such as bolstered business and consumer confidence, are encouraging signs for the nation's outlook.
"Consumer confidence is up," Chan said. "The trend is very positive."
Also presenting at the event was Dr. Jim Fain, professor and head of economics and legal studies with the Spears School of Business at Oklahoma State University. Fain presented a state economic outlook.
In addition, Tulsa Regional Chamber Economist Bob Ball provided a local economic forecast and analysis.
"The Tulsa-area economy has consistently grown throughout 2012, and that momentum will continue in 2013 with employment growth of 1.8 percent," Ball said. "Personal income will grow at 4.8 percent in 2013, and strong employment growth in aerospace, advanced manufacturing and professional services will lead the growth in the Tulsa region."