UNCW/Cameron School of Business


2015 Third Quarter Economic Barometer


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The Economic Barometer is a quarterly snapshot of local, regional and national economic trends that is produced by Dr. Woody Hall and Dr. Tom Simpson. This is the last economic barometer lead by Dr. Woody Hall, who retired on July 1st after a 40 year career at UNCW. Dr. Adam Jones will serve as the new regional economist for the Swain Center. Highlights from the 3rd Quarter Barometer:

U.S. Economy: Growth in real GDP in the second quarter of this year rebounded from the depressed first quarter, which had been held down by extreme winter weather and the west coast dock strike. The pickup brought output growth up to about a 2 % rate for the first half. This pace is close to the disappointing average growth of 2.3 % that has characterized the current expansion that began in mid-2009.

Local Economy: Revised data on real (inflation-adjusted) gross domestic product (GDP) show that with the exception of 2012, the Wilmington, NC MSA (New Hanover and Pender Counties) economy grew over 2010-13. Real GDP in the MSA is forecast to rise 3.5% over 2014 and 3.8% over both 2015 and 2016.

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Calendar

Aug12

MSA Charlotte Visit

Aug 15

MBA Orientation

Aug 17-18

MSA Orientation

Aug18

MS CSIS Orientation

Aug18

TABSA Orientation
8 - 11 a.m. - CH 132/133

Aug18

CSB Faculty Meeting
1:30 p.m. - CH 133

Aug 19

Fall Term Begins

Aug 20

MSA Donor Banquet
5 to 9:30 p.m. - Warwick Center

Sep 7

Labor Day Holiday
No Classes

Sep 16

Information Systems / Operations Management Career Day
3:30 to 7:00 p.m. - CIS Building


Robert T. Burrus Jr. named Dean of the Cameron School of Business

Rob Burrus Robert T. Burrus Jr. has been named the next dean of the University of North Carolina Wilmington’s Cameron School of Business (CSB) after a national search, the university announced today. Burrus, who has been serving as interim dean of CSB since June 1, 2014, will assume his new role on July 1, 2015.

As interim dean, Burrus oversaw the Cameron School of Business's reaccreditation from the Association to Advance Collegiate Schools of Business. This accreditation is the hallmark of excellence in business education, and has been earned by less than 5 percent of the world's business programs.

“It is an honor to be named the dean of the Cameron School of Business, which has outstanding faculty and staff and a highly competitive group of students,” said Burrus. “Our goal is to continue developing our existing programs while considering additional ones that will be of great value to our students and business community. As we strive for excellence, I look forward to working with alumni and friends of the Cameron School while developing new and existing partnerships.”

Throughout his tenure, Burrus has published more than two dozen peer-reviewed journal articles and book chapters. He was also the recipient of UNCW’s Chancellor’s Teaching Excellence Award in 2004. He serves as editor of the Academy of Economics and Finance Journal and has served as president of the Academy of Economics and Finance and as a manuscript reviewer for multiple scholarly journals in his discipline. [Read More]
Graduation Cap Over 400 CSB graduates were welcomed as alumni during the Cameron School of Business/UNCW spring 2015 graduation on May 8. In additiona at each graduation, the CSB Faculty/Staff recognize the outstanding graduates by academic discipline. The 2015 awardees by area of concentration are:
E.M. West Award for Academic Achievement - Tobi Polland
  • Accountancy and Business Law - Zach Hublitz
  • Economics - Sabrina Summers
  • Entrepreneurship and Business Development - Olivia Cappelletti
  • Finance - Mary Chesnut Smith
  • Human Resource Management - Anna Ellison
  • Information Systems - Morgan Francis
  • International Business - Carolin Von Tippelskirch and Maria Malczyn
  • Management and Leadership - Arianna Swift
  • Marketing - Sarah Alexander
  • Marketing Strategy - Kelly Jones
  • Operations Management - Kaleigh Knill
  • Professional Selling - Meagan Pillar
  • MBA Academic Achievement - Jacqueline Miltner
  • MBA Outstanding Graduate - Jacqueline Miltner
  • MS CSIS - Calandra Toothman
Woody Hall

Woody Hall announced his retirement from UNCW after 40+ years of service to our community. Woody is the senior economist in the Swain Center for Business and Economic Services and a professor of economics. Woody is well known for his annual forecasts of economic activity for the southeast North Carolina region. A reception will be held on Wednesday, April 29 to celebrate his leadership and years of service to our region.

According to the Wilmington Star News: Hall grew up and graduated from high school in York, S.C., south of Charlotte. In 1963 he headed to Presbyterian College, graduating in 1968 with a bachelor's degree in economics. , Hall headed to Clemson University, where he earned his master's and Ph.D. But his track to the degrees was delayed as he, like thousands of other young men at the time, was called to active duty in the Army."This was at the height of Vietnam," Hall said. He stayed stateside, but as an Army Reservist stationed at Camp Shelby, Miss., he helped clear the trees that had been blown down by Hurricane Camille.

Back at Clemson, his master's thesis was a precursor of his future – "Regional Economic Analysis".
Hall also became interested in studying the environmental costs of economic development."In the early '70s, there was a proposal to erect a petrochemical manufacturing facility in South Carolina near the Atlantic Ocean. To put it mildly it created a stir throughout South Carolina," he said. "The governor called upon the public institutions to do some analysis. "The plant was going to be 10 miles from Hilton Head. We had a strange alliance. We had minority fisherman aligning themselves with wealthy property owners. What we tried to do is to come up with some measures of how much people value environmental amenities – the absence of environmental pollution. I did some survey work." And that was the subject of his doctoral dissertation.

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