Recent economic data produced conflicting stories: total employment has fully recovered all pandemic losses, but not labor force participation rate. Resolution of the statistical conflict yields an important insight into the status of the economy and also a lesson about interpreting economic data.
Companies that have wanted to better connect with their clients have used economic newsletters written by Dr. Bill Conerly. Corporate boards of directors that want to ensure they are considering relevant economic information receive regular reports from Dr. Conerly.
He writes regularly at Forbes.com and is the author of two books: Businomics: From The Headlines To Your Bottom Line—How To Profit In Any Economic Cycle and The Flexible Stance: Thriving in a Boom Bust Economy. He is co-author of Thinking Economics, a multi-media high school economics curriculum used in 34 states.
Bill’s Forbes Articles
Some employees keep the business running. Some employees propel the business forward, taking big steps to improve sales, production or financing. A company needs both kinds, but it cannot burden the high-impact employees with too many mundane tasks.
Facebook and its parent company Meta Platforms have not lost their mojo. They have simply grown to the point where the advertising cycle dominates company revenues.
We asked Bill Conerly to look at one of the major factors limiting the growth of our business. He pulled together data from a wide range of sources, as well as his own extensive business knowledge, to give us an insight into when conditions would improve and how we could be ready to capitalize on better times. He did so in a straight forward, easy to understand manner. A year later it was clear that things had evolved just as he had forecast. Ever since then he’s been my go-to guy on how the economy affects my business.
former CEO, Vencore Capital LLC
Bill Conerly has been an invaluable resource to our executive team and ownership by delivering superior, well-founded ideas that are critical to navigating the current economic climate within the construction industry. Bill assisted O.B. Williams Company with developing a strong business plan that we implemented 18 months ago. As a result and together with Bill, we are improving our position within our highly competitive market segment. We understand that navigating this current economy is indeed difficult, however Bill conveys his ideas clearly and concisely both in his customized client reports and in his newsletters. We have found Bill to be easy to work with, straightforward and personally committed to helping our company to be successful.
CEO, O.B. Williams Company
On multiple occasions we have engaged Dr. Conerly to facilitate, and more importantly, stimulate strategic planning sessions. He artfully brings the complexity of economic consequences to light, and is also is a veteran voice of objectivity. And his ability to inject humor keeps the energy and teamwork a priority!
CFO, Cascade Bancorp
Bill was a great resource in helping us develop our business model and has continued to be a great advisor as we have refined it and successfully entered the marketplace.
CEO, NextJob, Inc.