Catalyst News

Still Time?

by Catalyst Corporate | Sep 13, 2021

Yes, there is still time to register for Catalyst Corporate’s annual Economic & Payments Forum.

It takes less than five minutes to register, but the effort provides access to 10 sessions that can give your credit union an important head start in the face of 2022 challenges.

Catalyst Corporate decided earlier this month to cancel the in-person, onsite portion of the 2021 Economic & Payments Forum and to transition to a completely virtual event on September 20-21. Details of the transition – fueled by the uncertainty associated with the coronavirus and the devastating impact of Hurricane Ida on many credit unions – were sent Sept. 2 and Sept. 9 to those who had already registered for the in-person event.

The virtual Forum will feature two days of presentations by economists, payments experts and Catalyst thought leaders. It will also include timely presentations on the real estate and labor markets.

Mark Dotzour, who will present an “Outlook on the Housing Industry,” believes the housing market will ultimately face a correction but does not anticipate a crash.

Dotzour, whose research findings have been published in the Wall Street Journal, USA Today, Money Magazine and Business Week, is the former chief economist at Texas A&M University’s Real Estate Center. Dotzour believes home prices will likely continue going up in the short term, but the rate of increase will have to slow, “or people won’t be able to qualify.”

Meanwhile, the growth rate of employment trends slowed in the past two months, reflecting the Delta variant's impact on economic activity, especially on in-person services, the Conference Board Labor Markets Institute has reported.

Labor market economist Betsey Stevenson will explore two trends which could continue to put a damper on employment growth: the impact that COVID-19 infections have had in holding back economic recovery, and why the labor market continues to experience historical recruiting difficulties.

Stevenson, who will present a session titled “Welcome to the ‘Life’s-Too-Short’ Economy” is a professor of public policy and economics at the University of Michigan and a faculty research associate at the National Bureau of Economic Research. She has served as a member of the President’s Council of Economic Advisers and the chief economist of the U.S. Department of Labor.

Stevenson earned a B.A. in economics and mathematics from Wellesley College and an M.A. and Ph.D. in economics from Harvard University and is now published widely in leading economics journals about the labor market and the impact of public policies. She is co-host of the podcast Think Like an Economist.

Dotzour and Stevenson round out a robust line-up of thought leaders who will share actionable insights credit unions can use for future success. This year’s Forum theme – Embracing Transformation – underscores the rapid changes facing today’s financial services industry. Presenters will cover timely subjects, such as the post-pandemic economy, faster payments trends and the rise of self-service members.

Check out more of the latest Forum developments – and register today – under Learning Center/Conferences on Catalyst Corporate’s website.