“This is the longest, deepest economic downturn since the Great Depression,” Tutterow said. “We got into this recession due to the rise in energy cost, the generational downturn in the housing market and the credit crunch. I predict that we will return to normalcy in 2010/2011, but it will be a subdued pace.”
In addition to his position at Mercer University, Dr. Tutterow serves as Chief Economic Advisor to Henssler Financial Group. His analysis of the economic, business and political environments have been featured in a variety of media including Wall Street Journal, Financial Times, USA Today, Atlanta Journal-Constitution, Los Angeles Times, New York Times, and on CNN, CNBC, NBC, CNN Radio, among others. In 2003, Governor Sonny Perdue appointed Dr. Tutterow to serve on the Governor’s Council of Economic Advisors.
The presentation concluded with an interactive Q & A, as well as a raffle for two American Express gift cards. The grand prizes went to Robert Thomson of NeoMedia Technologies and Dorris Hollingsworth of Carter Real Estate.
For more information on future luncheons, contact Michelle Kennedy at 404.252.9422 x 442 or visit www.firstproinc.com.