Ron Wirtz will discuss the current state and long-term trajectory of the Minnesota economy, reviewing trends in recent economic activity, annual output, job growth, hiring demand and other measures across the state and in the Winona region, with special emphasis on the role of labor supply on future economic growth. Ron also uses an interactive survey to anonymously poll attendees to gauge how firms are performing in the current economy, and what their outlook is for 2020.
Please bring your cell phones for an interactive activity!
Ron Wirtz is a Regional Outreach Director for the Federal Reserve Bank of Minneapolis. Ron’s primary responsibilities involve tracking current business conditions across the six-state Ninth Federal Reserve District, which includes Michigan’s Upper Peninsula, northwest Wisconsin, Minnesota, the Dakotas and Montana. Ron tracks activity in employment and wages – which are central to the Federal Reserve’s dual mandate of promoting stable prices and maximum employment – along with construction, real estate, tourism and consumer spending. Part of Ron’s work includes extensive outreach to business and community leaders, and he gives frequent speeches on Ninth District regional economies. Ron is a contributor to the Beige Book, which is a report of current business conditions published by the Federal Reserve System every six weeks. Previous to this position, Ron was the editor of the fedgazette, a regional business and economics journal published by the Minneapolis Fed. Here, he conducted in-depth research on such topics as labor markets and job growth, health care consolidation, the Bakken oil boom, income mobility, disability, public pensions, and many others.
February 20, 2020