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Catalyst's Economic Forum Speaker Specializes in 70-word Insights on the Economy
Friday, June 27, 2014 6:45 AM

According to acclaimed economist Elliot Eisenberg, car loans, once a staple of a credit union’s loan portfolio are down, home loans are up, refinancing is dead and the housing industry is relatively unhappy, unless you’re in Texas or Colorado. Eisenberg, author of the 70 word economic commentary site, www.econ70.com, is a featured speaker at Catalyst Corporate’s Economic Forum being held Oct. 7-8, at the Omni Mandalay at Las Colinas in Irving, Texas.

Eisenberg says his site was inspired as he was vacationing in Hawaii, when a tax cut on social security was announced.  “My friends and family have always turned to me for insight on economic issues.  Although on vacation, I shared my thoughts via Facebook, which prompted others to comment and ask even more questions,” said Eisenberg.  “It was then that I started my daily blog that allowed others to get a glimpse of how economists think.  In turn, I was able to learn from those that responded to my posts.”

Limiting each blog to 70 words has been challenging, but also offered an outlet for Eisenberg’s creativity. Current events sparked most of the posts, but often he was challenged by others to respond to an economic question. 

“Offering information in an entertaining way was key. Each blog is only 70 words in length—no links, no photos—you know exactly what to expect.  Easy and pleasurable, some readers may not understand it all, but they will be challenged to learn,” said Eisenberg.

Formerly a senior economist with the National Association of Home Builders in Washington, D.C., Eisenberg will share his perspective on the economy of the housing market at the forum on Oct. 8. An engaging and entertaining speaker, Eisenberg specializes in making the minutia of economics fun, relevant and educational.  He will speak about competition credit unions face in home loans, trends in the housing market, growth opportunities in home equity lending, and ways in which credit unions can work directly with builders to attract first time home owners.

This year’s 37th Annual Economic Forum, entitled “Creating Tomorrow,” includes a full slate of financial industry experts and economists who will offer insights relevant as credit unions plan for 2015. Catalyst Strategic Solutions’ complimentary Financial Management Seminar precedes the Forum on October 6th.  Both events offer specific strategies and information designed to provide credit unions with a head start in planning for the future.

For registration or more information, visit www.catalystcorp.org/economicforum.aspx.