Edmond's 2003 Economic Preview Set for Jan. 17

THE JOURNAL RECORD, December 24, 2002 | Go to article overview

Edmond's 2003 Economic Preview Set for Jan. 17


Edmond will hold its annual economic and real estate forecast for the city and surrounding area in a January event that will include as speakers Oklahoma State University Regents Professor Emeritus and economist Larkin Warner and Edmond City Manager Larry Stevens, among others.

The 2003 Economic Preview is scheduled to run from 8 a.m. to noon Jan. 17 in Constitution Hall at the University of Central Oklahoma in Edmond.

"We expect to reach more than 200 people with this event," said Janet Yowell, the executive director of the Edmond Economic Development Authority, which is putting on the event. "This will allow businesses that are thinking about doing business in Edmond to get the information they need."

The preview, an annual event put on by the EEDA, is sponsored by American Bank. The event highlights forecasts and trends in the Oklahoma and Edmond economies and real estate markets, the authority said in a statement.

Kicking off the event, Warner will comment on the state economy, followed by a state-of-the-city address by Stevens.

Yowell will present a demographic overview of the city of Edmond that will include the latest figures in Edmond's population, income levels, and educational attainment based on census data and 2003 estimates and projections.

Yowell said she will also release findings from a 2002 retail sales analysis by the EEDA, which identifies trends and gaps in Edmond's retail sales market by consumer spending category.

"We think businesses, if they are looking at locating in Edmond, will be able to use this information to determine where there is spending potential by consumers," Yowell said Monday.

Besides the broader economic trends in the Edmond area, a large portion of the event will focus on trends and projections by professionals in the real estate market in Edmond and the surrounding area.

Scheduled to speak are Jeff Norman of John A. Henry & Co., Derek Turner of Turner and Co., Brian Preston of Re/Max Associates, William Forrest of CB Richard Ellis/Oklahoma, and Bob Sullivan of The Bob Sullivan Group.

The speakers will comment on the retail, office, residential, multifamily, and industrial real estate markets, Yowell said.

Other speakers are scheduled to comment on some of Edmond's demographics and trends.

David Goin, superintendent of the Edmond Public School district, will provide a profile of the Edmond school system. In addition to his comments, published information about the University of Central Oklahoma, Oklahoma Christian University, and Francis Tuttle Technology Center will be made available.

Other speakers are scheduled to comment on Edmond's work force, business and technology growth, downtown development, and the Edmond Area Chamber of Commerce legislative agenda.

Yowell said the cost to attend the event is $20, which includes a copy of the 2003 Economic Preview book that contains the presentations and data provided by the guest speakers.

Those wishing to attend may register for the event online at www.eeda.com or by telephone by calling 340-0116.

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