Mr. William Strauss, Senior Economist of the Federal Reserve Bank of Chicago, in his fifth annual appearance before the Commission, provided a detailed review of the past year, followed by a forecast for the next three years. The Federal Reserve casts a big net, drawing on data and research from a broad range of sources.
At the Chicago Federal Reserve, Mr. Strauss has produced the monthly Chicago Fed Midwest Manufacturing Index, which estimates the Midwest's manufacturing output. His research papers have focused on such topics as our regional economy, the automobile sector and the trade-weighted dollar. Before the U.S. Senate, Mr. Strauss has presented testimony on manufacturing issues. Mr. Strauss currently teaches at the DePaul University Kellstadt Graduate School of Business and at the University of Chicago Graham School of General Studies.