Area business leaders and guests are invited to attend the annual Indiana University Business Outlook Panel presented by the IU East Alumni Association and the IU East School of Business and Economics. The breakfast is sponsored by Reid Hospital & Health Care Services and the Eastern Indiana Chapter of the IU Alumni Association.

The 2011 Business Outlook Panel will be held on Tuesday, November 9, in the Lingle Grand Hall at Reid Hospital, 1100 Reid Parkway. Breakfast and networking begins at 7:30 a.m. and discussion lead by the panel will follow at 8 a.m. The forum ends at 9 a.m.

For more than three decades, the Kelley School of Business has presented its national, state and local forecasts through a series of presentations in cities across Indiana. Panelists will focus their conversation on topics relevant to the economy for 2011.

The panel will assess how the changing economic environment will affect management and investment decisions – both in the United States and elsewhere. The starting point for the forecast is an econometric model of the United States, developed by IU’s Center for Econometric Model Research, which analyzes numerous statistics to develop a national forecast for the coming year.

A similar econometric model of Indiana provides a corresponding forecast for the state’s economy and uses the national forecast plus data specific to Indiana. The Business Outlook Panel then adjusts the forecast to reflect additional insights it has on the economic situation.

Panelists include Jerry Conover, director of the Indiana Business Research Center at the Indiana University Kelley School of Business; Kyle Anderson, assistant professor of economics at the Kelley School of Business; Robert Neal, associate professor of finance at the Kelley School of Business; and Tim Rogers, President/CEO of the Economic Development Corporation of Wayne County. David Frantz, dean for the IU East School of Business and Economics and associate professor of management, will moderate the event.

The cost is $15 per person and includes breakfast. Event proceeds benefit the IU East Alumni Association Scholarship Fund and will assist students in the School of Business and Economics.

Online registration is available at iue.edu/outlook.

For more information or to register, please contact Terry Wiesehan, director of Alumni Relations and Campus Events, at 765-973-8221 or twiesaha@iue.edu.