General Session

Thomas Siems

The Economy Today: What Forces Awaken?
Thomas Siems, Federal Reserve Bank of Dallas

This energetic presentation and Q&A session with senior economist Tom Siems from the Federal Reserve Bank of Dallas will: 1) Examine and compare emerging U.S. and regional economic conditions and trends; 2) Review the various perspectives of the unemployment rate; and 3) Discuss Federal Reserve policymakers’ concerns and challenges in making future decisions.
Attendees will leave with a greater understanding of where the U.S. economy is today based on an easy to understand “economic dashboard”, where we are headed, what factors are driving (or possibly hindering) economic growth and jobs, and what new charts and guidance Fed policymakers make available to the public.

About Thomas Siems

Siems is an assistant vice president and a senior economist in the Financial Institution Relationship Management Department at the Federal Reserve Bank of Dallas. In this capacity, he partners with economists in the Fed to gather information on emerging trends and policy issues of interest to financial institutions in this region (Texas, northern Louisiana and southern New Mexico). He also oversees economic outreach efforts that provide additional opportunities to listen and learn from the region's constituents.

Siems teaches operations research and management science courses in the Bobby B. Lyle School of Engineering at Southern Methodist University and is the Lyle School's chief engineering economist. Thomas earned a BSE in industrial and operations engineering from the University of Michigan and an MS and PhD in operations research from SMU. He is also a graduate of the University of Michigan's Public Finance Institute, the University of Colorado's Graduate School of Banking and SMU's Graduate Marketing Certificate program.

Siems has published more than 50 articles in various academic journals, books and Federal Reserve publications and is the National Association for Business Economics' only two-time winner of the Edmund A. Mennis Contributed Paper Award. His work has received extensive attention from leading publications, including the Financial Times, the Wall Street Journal, The Economist, USA Today, American Banker, Dallas Morning News, and Investor's Business Daily. Siems has also authored and published five children's picture books, including his newest release in 2009, The Dangerous Pet, which poetically challenges the way the next generation thinks about debt.

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