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Newsletter - October 2017
Featured Project
The impact of RURCBOG on Camden and New Jersey

ESI completed a series of reports for The Rowan University / Rutgers-Camden Board of Governors (RURCBOG) that reveal the transformative effects the board will have on the economies of both the City of Camden and the State of New Jersey. 

Following up on the findings of the first report that demonstrated the importance of eds and meds as an economic engine, the second and third reports look more specifically at the economic impacts these investments have and demonstrate the promise of RURCBOG to positively transform the local and state economies while serving as a good neighbor in the process.
News from the Lab
ESI Thoughtlab's newest report entitled Wealth and Asset Management 2022: the Path to Digital Leadership, offers investment providers the tools and roadmap to become digital leaders. Going digital is not a choice any longer, but a matter of survival. The research shows that investment providers which go fully digital will see major gains while those who fail to embrace digital technology will fall out of the race altogether, risking to lose $79m for every billion dollars of revenue.
Learn from Drexel Faculty about Economic Modeling 

Join Drexel University at the Malvern campus for an information session and faculty-led discussion tailored especially to professionals who work in economic modeling and financial markets.

Faculty from LeBow's School of Economics will highlight how Drexel's MS in Economics provides analytical tools for a deeper understanding of market structures.  Click here to learn more or register for this event.
Previous Highlights
On October 2, 2017, Philadelphians interested in public transit issues gathered at the Free Library to discuss the state of Philadelphia's bus service. Hosted by the Philadelphia Media Network, Rethinking Transit featured a panel of riders, SEPTA leaders and transit experts, including ESI President Richard Voith
revitalizing camden_SM_100517

Stephen Mullin moderated the panel, Revitalizing Camden, hosted by Drexel University's Alumni Association on October 5. The panel discussed the public policies and initiatives regarding Camden and its redevelopment and future. 
Stephen Mullin  also delivered an address on Philadelphia's economy to a meeting of  Sigma Phi Pi , the country's oldest African American fraternal society, founded in Philadelphia in 1904.
Catch Us at These Events
10/18 with Richard Voith
10/22-24 with Lee Huang
11/14 with Steve Mullin

Check out our September Blog Posts in Present Value

Staff News

ESI is proud to announce that  Gabrielle Connor and Elizabeth Desmond, have been promoted to Senior Analysts this month.

Stephen Mullin discussed how the Philadelphia International Airport (PHL) can become a truly international airport in the Business Journal. 
Senior Advisory Board News
We are proud to welcome  Angela Dowd-Burton and Mike Dozier to our Board. Please join us in welcoming them!

Angela Dowd-Burton  was a case judge for the 2017 Annual Conference & Exposition presented by the National Black MBA Assocation (NBMBAA) on September 28. She spoke during the workshop, "Considering an MBA? Learn More from Women Who Earned Theirs," during the Pennsylvania Conference for Women. On October 12, Angela will also moderate the panel, The National Association for Women Business Owners (NAWBO) Semi-Circle of Influence

Bernard Markstein analyzes the monthly state employment data in the construction for the Associated Builders & Contractors, Inc (ABC) and this month's reprint was featured in  ForConstructionPros.com

Joel Naroff penned this post for NewsMaxFinance discussing how The Fed will initiate the balance sheet normalization process in October  and also discussed the normalization process in this Fed Survey for CNBC. 

Robin Winston's firm, the Winston-Terrell Group, was hired by the Vigo County School Board to assist with community relations and public outreach. 

Alan Greenberger weighed in on the makeover of the Divine Lorraine in a recent philly.com article.
Industry News                            Client Spotlight
  • Philadelphia stands to lose millions if the city continues to be a sanctuary for undocumented immigrants.
  • Rowan University received a $5M gift to attract students to its business school.
  • Frontier Airlines to add more flights to PHL Airport, contributing to the over $15B in economic impact that the airport currently produces.