HOUSTON/Sept. 29, 2004 - Comerica Bank’s chief economist David Littmann will speak on "2005 Economic Expansion: Loosening the Political Restraints" at the following Comerica Business Forum luncheons:
- Tuesday, October 26, at the Adam’s Mark Hotel International Conference Center. Registration begins at 11:30 a.m., and the program runs from noon to 1:30 p.m. Registration is available now through www.comerica.com or by calling 214-969-6613; cost is $50 per person or $450 for a table of ten.
- Thursday, October 28, at the Westin Galleria Hotel. Registration begins at 11:30 a.m., and the program runs from noon to 1:30 p.m. Registration is available now through www.comerica.com or by calling 214-969-6613; cost is $50 per person or $450 for a table of ten.
As forecasted by Littmann in 2003, economic growth has accelerated; interest rates and inflation have risen; the housing industry remains a healthy contributor to expansion; and employment has staged a comeback in Texas and nationwide.
Littmann has been with Comerica Bank since 1970 and is the author of Comerica’s Economic Briefs and a host of business barometers for many regional economies, including the Texas Expansion Watch Index. He is cited internationally for his releases on Comerica’s Recession Watch and Auto-Affordability indexes. Littmann recently served as chairman of the Economic Advisory Committee of the American Bankers Association in Washington, D.C., where he met regularly with governors of the Federal Reserve Board.
Littmann is recognized as ranking among the most accurate forecasters on the Wall Street Journal’s respected panel of 55 national economists. He is also the recipient of the 2003 Lawrence R. Klein Award for Blue Chip Forecast Accuracy, sponsored by Arizona State University’s W.P. Carey School of Business and presented by Nobel Laureate Lawrence Klein, representing one of the most prestigious and long-standing awards in the profession.
Littmann holds an M.A. degree in economics from the University of Michigan, an M.S. degree in economics from the Massachusetts Institute of Technology, and completed special exam studies at the London School of Economics and Political Science.
The Comerica Business Forum is an exclusive series of luncheon speaker programs that bring locally and internationally known leaders from business, finance and the public forum together with business owners and leaders to discuss the latest issues and trends affecting business and the world today. Former Comerica Business Forum speakers include The Honorable George Bush, 41st president of the United States; The Honorable William S. Cohen, former Secretary of Defense; The Honorable Madeleine Albright, former Secretary of State; General H. Norman Schwarzkopf; The Honorable James Baker III, former Secretary of State; Lou Dobbs, managing editor of CNN’s Lou Dobbs Moneyline; Lee Iacocca, former chairman and CEO, Chrysler Corp.; and former British Prime Minister John Major.
The Texas Division of Comerica Bank includes 49 branch offices in the key Texas markets of Dallas, Houston and Austin. Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company strategically aligned into the Business Bank, Small Business and Personal Financial Services, and Wealth and Institutional Management. Comerica focuses on relationships, and helping businesses and people be successful. Comerica Incorporated reported total assets of $55 billion at June 30, 2004.
Media Contacts:
Sally Crocker
214-969-6400
sbcrocker@comerica.com
Vickie Cook
214-969-6507
vjcook@comerica.com
