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Financial Management Economist Expert Witness

Provides Opinion & Testimony In:

Financial Management, Business Cycles, Economic Trends, Economist, Consulting, Econometric Forecasting, Corporate Strategic Planning, Macroeconomist, Mortgage, Consumer Finance, Econometric Research, Administrative Assistant, Cash Flow Manager, Financial Analyst, Economoic Analyst, Business Research Department, Economics, American Economic Association,

Expert No. 3693


Ph.D. May 1971, Southern Methodist University, Dallas, TX.  Economics.
M.A. May 1964, Southern Methodist University, Dallas, TX.  Economics.
B.A. January 1961, Southern Methodist University, Dallas, TX.  Economics.

Professional Experience

2/06 – Present
Chief Economist
Financial Management
Asheville, North Carolina

7/88 – Present
Adjunct Professor
Business School

7/02 – 7/09
Senior Fellow and Director
Center for Business Forecasting
Kenan Institute of Private Enterprise
University of North Carolina – Chapel Hill

7/06 – 6/09
Professor of the Practice
Institute for the Economy and the Future
Western Carolina University
Cullowhee, North Carolina

7/02 – 2/06
Chief Economist
Society of Industrial and Office REALTORS ®
Washington, DC

2/99 – 3/00
Chief Economist
National Association of REALTORS ®
Washington, DC

9/86 – 6/88
Director and Chief Economist
Bureau of Business Research and Senior Lecturer in FinanceUniversity of Texas at Austin

12/85 – 9/86
US Regional Service and US Consulting, Wharton
Econometric Forecasting Associates, Philadelphia, PA

8/80 – 11/85
Chief Economist
Corporate Strategic Planning Department, Union Carbide                    
Corporation, Danbury, CT

3/81 – 4/81
Consultant (Functioned as Chief Macroeconomist)
President’s Council of Economic Advisers, Washington, DC
 (On leave from Union Carbide)

1/77 – 8/80
Director of Credit Research
Office of VP and General Credit Manager, Sears, Roebuck and Co., Chicago, IL

8/75 – 1/77
Senior Economist
Mortgage and Consumer Finance Section, Division of Research & Statistics, Board of Governors of the Federal Reserve System, Washington, DC (on leave from Sears)

7/69 – 8/75
Director of Econometric Research
Office of VP and General Credit Manager, Sears, Roebuck and Co., Chicago, IL

1/68 – 7/69
Administrative Assistant (Cash Flow Manager and Financial Analyst)
Office of VP and Treasurer, Sears, Roebuck and Co., Chicago, IL

8/65 – 1/68
Economic Analyst
Business Research Department, Sears, Roebuck and Co.,                    
Chicago, IL

6/65 – 8/65
Economics, Southern Methodist University, Dallas, TX

9/62 – 6/65
National Defense Fellow, Economics Department, Southern Methodist University, Dallas, TX

8/61 – 8/62
Lieutenant, Armor
US Army, Ft. Polk, LA and Ft. Knox, KY

Other professional activities include participation in professional meetings and over 500 presentations to various groups in 25 countries on three continents.

Memberships in Professional Organizations

  • American Economic Association
  • Conference Board of Europe (Belgium) Economic Council (co-chair, 2001-2003)
  • Economist’s Group (Switzerland)
  • Financial Management Association
  • Forecaster’s Club of New York
  • National Association for Business Economics (NABE)
  • Board of Directors, 1980-1984, 1985-1992
  • Fellow, elected in 1984
  • Vice President, 1988-1989
  • President, 1989-1990
  • Annual Meeting Program Chairman, 1981 and 1990
  • Associate Editor, Business Economics
  • National Business Economic Issues Council (NBEIC)
  • Co-founder and member since 1979
  • First president, 1981-83
  • National Economists Club (Washington, DC) (Member, Board of Governors, 1984-1987)
  • Society of Business Economists (U.K.)
  • Turnaround Management Association (Member, Academic Advisory Council)

Advisory Boards and Forecasting Panels

  • Council on Competitiveness, appointed as Inaugural Member of Economic Advisory Committee, Washington, D.C., May 2011-present
  • American Financial Services Association Educational Foundation, 1996-present  Charlotte Observer Economic Advisory Board (1996-1999)
  • Dallas Morning News Economic Advisory Board (1986-1989)
  • National Bureau of Economic Research (1992-1995)
  • Thurston Arthritis Research Center, UNC Medical School, 1995-1999
  • U.S. Department of Commerce Economic Advisory Board (1979-1987)
  • American Statistical Association/National Bureau of Economic Research Forecasting panel (1978-1995)
  • Associated Press Economy Survey panel member since inception in 2010
  • Bloomberg News Forecast panel since inception in 2003 (winner best long-term interest rate forecast in 2005)
  • Business Week forecast panel member (1984-2009), winner of second best forecast for 1997
  • CNN Money forecast panel member since 2010
  • Federal Reserve Bank of Philadelphia, Livingston Survey panelist since 2002
  • Forecasters Club of New York, forecast panel member since 1983, best forecasting record of any member 1997
  • Ifo Institute (Munich, Germany), one of 50 North American economists, panel member since 2003
  • Robert Shiller Home Price Expectations survey panel member since inception in 2010
  • USA Today forecast panel member since inception in 1988
  • Wall Street Journal forecast panel member since 1982, winner of best forecast for 1995 and 1998 best long-term interest rate forecast for 1997


Available Upon Request