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Successful CI Luncheon & Expo Features Speaker Jason Bram from the Federal Reserve Bank of New York

Post: Nov. 20, 2019

The Council of Industry held its Annual Luncheon & Member/ Associate Member Expo on Friday, November 15th at the Grandview in Poughkeepsie. This year’s keynote speaker was Jason Bram, a Research Officer in the Federal Reserve Bank of New York’s Regional Analysis Function. He discussed employment data and the economic outlook for manufacturers in the Hudson Valley and beyond. The Certificate in Manufacturing Leadership was also awarded to 21 individuals for completing the Council’s supervisory training program.

This year the  3rd year scholars from The Hudson Valley Pathways Academy took on the Luncheon check-in table as a challenge project. They worked out the name tag set up and check-in procedures and manned those stations fro the event. They also provided assistance to expo participants. This year’s Expo was the largest ever with 30 Council of Industry member and associate member booths. There was a variety of displays, from safety equipment to banking and insurance, to a robotic arm that played tic-tac-toe and much more. The Expo offered companies the opportunity to display their products and services to the over 300 luncheon attendees. 

A highlight of the Luncheon is the awarding of the Certificates in Manufacturing Leadership. This year we presented 21 individuals from 10 companies with certificates of completion. We also debuted the latest CI Video – Women in Manufacturing, see it here.

Jason Bram, Research Officer, the Federal Reserve Bank of New York was the keynote speaker and provided his insight into the emerging economic trends. His presentation focused on employment in the region and local economies, trends in manufacturing employment and insights from the Federal Reserve Bank of New York’s business surveys. Bram explained how employment data point to fairly robust growth in Orange and Rockland
counties while Ulster & Dutchess counties lag. He also explained that the recent business surveys point to increasing weakness in both the
region’s manufacturing and service sectors with some businesses indicating adverse effects from trade restrictions and rising minimum wages. He included many graphs to illustrate his statistics.

This event is made possible by the generous support of our sponsors and we would like to thank them.

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