The Philadelphia Council for Business Economics
A Chapter of NABE

is pleased to present

Michael Niemira, Chief Economist
International Council of Shopping Centers, Inc.

Presentation: "The Holiday Retail Outlook"

Michael Niemira is the staff vice president, chief economist and director of research for the International Council of Shopping Centers, Inc. (ICSC). As the director of research, he is responsible for the overall selection, design, implementation, and dissemination of all research projects undertaken worldwide by the ICSC. These projects are considered to be at the forefront of the recognized research in the field. He also oversees the collection and maintenance of the ICSC Albert Sussman Library, the main statistical database for the industry, and the largest collection of shopping center related materials in the world. Mr. Niemira produces the ICSC Goldman-Sachs Weekly Chain Store Sales Snapshot – a retail sales monitor – as well as the monthly report, Chain Store Sales Trends.

Before joining ICSC, Mr. Niemira held the position of vice president and senior economist for the Bank of Tokyo-Mitsubishi, Ltd. (BTM) in New York. Previously, he worked for PaineWebber, Chemical Bank and Merrill Lynch. Over the years, he has been an adjunct instructor at New York University’s Stern Graduate School of Business and at the New York Institute of Finance. Mr. Niemira is on advisory panels for the Conference Board and the Institute for Supply Management. He has co-authored two books: Forecasting Financial and Economic Cycles, John Wiley & Sons, 1994, and Trading the Fundamentals, Revised Edition, McGraw Hill, 1998 and contributes numerous articles to books, journals and magazines.


Date: Tuesday, November 10, 2009
Time: 1:00 pm - Presentation begins

Place: Federal Reserve Bank of Philadelphia Directions
            Ten Independence Mall (Seventh & Arch Streets),
            Philadelphia, PA