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{{Short description|US economic forecaster (1947–2023)}} |
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'''Gail D. Fosler''' (born 1947) is president, [http://www.gailfosler.com The GailFosler Group LLC], a strategic advisory service for global business leaders and public policymakers. The GailFosler Group provides in-depth analysis of economic, financial and public policy issues and creates new concepts and frameworks for business and government leaders to support successful decision making. She is also Senior Advisor to the Business Council, and leads the organization’s partnership with [[The Conference Board]]. |
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{{More citations needed|date=August 2023}} |
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'''Gail D. Fosler''' (December 7, 1947 – April 2, 2023) was president of The GailFosler Group, a strategic advisory service for global business leaders and public policymakers,<ref>[https://www.gailfosler.com/gail-d-fosler Gail D. Fosler] GailFosler.com</ref> and a prominent economic forecaster. Fosler was a public speaker and her opinions and analysis were frequently quoted within both domestic and international publications.<ref>{{Cite web|url=https://www.c-span.org/video/?404617-2/nga-forum-economy&start=1713|title=State of the U.S. Economy {{!}} C-SPAN.org|website=www.c-span.org|language=en-us|access-date=2019-09-25}}</ref><ref>{{Cite news|url=https://www.washingtonpost.com/opinions/will-the-economy-save-trump/2018/01/07/114beff4-f251-11e7-b390-a36dc3fa2842_story.html|title=Will the economy save Trump?|last=Samuelson|first=Robert|date=7 January 2018|newspaper=The Washington Post|archive-url=|archive-date=|access-date=}}</ref><ref>{{Cite web|url=https://www.wsj.com/articles/the-fragile-economic-foundation-of-dow-20000-1485377625|title=The Fragile Economic Foundation of Dow 20000|last=Ip|first=Greg|website=WSJ|language=en-US|access-date=2019-09-25}}</ref><ref>{{Cite web|url=http://borsen.dk/nyheder/avisen/artikel/11/227905/artikel.html|title=Wall Streets bedste spåkvinde: Recession rammer USA i 2020|last=Redder|first=Hakon|date=2019-06-21|website=borsen.dk|language=da|access-date=2019-09-25}}</ref><ref>{{Cite web|url=https://fd.nl/weekend/1283327/de-vs-moeten-stoppen-met-subsidieren-andere-landen|title=De VS hoeven de rest van de wereld niet te subsidiëren|website=fd.nl|access-date=2019-09-25}}</ref> |
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Fosler is former President and Trustee of The Conference Board. During her 20-year career at The Conference Board, Fosler held a number of executive and leadership roles dedicated to expanding the organization’s intellectual capacity, impact and global reach. Until April 2008, she was executive vice president and chief economist and directed the highly regarded economics program. Fosler was twice named America’s most accurate economic forecaster by The Wall Street Journal. |
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Fosler was twice named America’s most accurate economic forecaster by ''[[The Wall Street Journal]]''.<ref>{{cite web|url=https://www.wsj.com/news/articles/SB930871746682956348|title=Fosler, Avoiding the Crowd, Is Declared No. 1 Forecaster|first=Constance|last=Mitchell Ford|date=July 2, 1999|work=The Wall Street Journal|accessdate=July 3, 2019}}</ref><ref name=":0">{{cite web|url=https://www.wsj.com/articles/SB946850098507721170|title=Conference Board's Gail Fosler Tops Forecasting Survey Again|first=Constance|last=Mitchell Ford|date=Jan 3, 2000|work=The Wall Street Journal|accessdate=July 3, 2019}}</ref> |
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Beginning in 2004, Fosler led The Conference Board’s global expansion. Today, The Conference Board has flourishing programs and research in Europe and Asia-Pacific, with offices in Brussels, Hong Kong and Mumbai, and the China Center for Economics and Business, based in Beijing, which represents one of the few not-for-profit foreign research organizations operating in China. |
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A range of policymakers, businesspeople, and fellow economists were known to read her analysis.<ref>{{Cite tweet |user=JamesGRickards |author=Jim Rickards |number=968854038048538625 |date = 28 February 2018 |title=A lot of folks ask me which economists I follow most closely. Answer: Start with Gail Fosler then go from there.}}</ref><ref>{{cite web|url=https://www.forbes.com/sites/robertlenzner/2014/08/07/gail-fosler-sticks-it-to-thomas-piketty-on-the-real-sources-and-risks-of-wealth/#261e2cd81163|title=Wealth Rising Faster Than GDP Can Trigger a Market Crash|first=Robert|last=Lenzner|date=August 14, 2014|work=Forbes|accessdate=July 3, 2019}}</ref> |
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| ⚫ | Prior to |
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==Early life== |
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Fosler is a director of [[Baxter International]] and [[Swiss Re America Holding Corp]]. She is a past director of [[Caterpillar Inc.]], the [[Unisys Corporation]], [[H.B. Fuller Company]] and [[DBS Holdings]] (a Singapore company), and is a past trustee of [[John Hancock Mutual Funds]]. She also chairs the board of directors of the [[Deschner Corporation]], a family-owned hydraulic speed-control business in Santa Ana, Calif. |
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==Career== |
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Fosler is a member of The Conference Board’s Global Advisory Council, chaired by Paul A. Volcker, former chairman of the Federal Reserve Board, and the Council on Foreign Relations, where she serves as an ex-officio member of the council’s Budget and Finance and Audit Committees. Other memberships include the Bretton Woods Committee, the New York Women’s Forum and the International Women’s Forum. She is also a former trustee and Executive Committee member of the National Bureau of Economic Research, a past member of the Advisory Panel to the Federal Reserve Bank of New York and a former trustee of the Economics Club of New York. |
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Fosler was a former president and trustee of [[The Conference Board]]. From 1989-2008, Fosler served as chief economist of The Conference Board<ref name=":1">{{Cite news|url=https://www.wsj.com/articles/SB119301771429566654|title=Conference Board Names a President|last=Evans|first=Kelly|date=2007-10-22|work=Wall Street Journal|access-date=2019-09-25|language=en-US|issn=0099-9660}}</ref> and was president from October 2007 to December 2009.<ref>{{cite web|url=https://www.hr.com/SITEFORUM?&t=/Default/gateway&i=1116423256281&application=story&active=no&ParentID=1119278002800&StoryID=1193100009123|title=The Conference Board Names Gail Fosler President|date=October 22, 2007|work=HR.com|accessdate=July 3, 2019}}</ref> In 2004, she assumed responsibility as executive vice president for expanding the international presence and operations of The Conference Board.<ref>{{Cite web|url=https://www.conference-board.org/bio/index.cfm?bioid=33|title=Gail D. Fosler|last=|first=|date=|website=www.conference-board.org|archive-url=|archive-date=|access-date=2019-09-25}}</ref> |
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| ⚫ | Prior to her time at The Conference Board, Fosler served as deputy staff director and chief economist of the [[United States Senate Committee on the Budget]].<ref name=":1" /> Fosler developed frameworks and forecasts for congressional budget debates and acted as a key negotiator on fiscal, monetary, and budget process initiatives for the committee. |
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She was a past director of [[Shire (pharmaceutical company)|Shire plc]], Baxalta Incorporated, Swiss Re America Holding Corp., Caterpillar Inc., Baxter International and DBS Holdings (Singapore), among others, and a past trustee of John Hancock Mutual Funds. |
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* [http://www.gailfosler.com/gail-d-fosler Gail D. Fosler]. GailFosler.com. Accessed 2014-01-23. |
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* [http://people.forbes.com/profile/gail-d-fosler/10663 Gail D. Fosler]. Forbes.com. Accessed 2014-01-23. |
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She was a member of [[The Council on Foreign Relations]] and the [[Bretton Woods Committee]], and a former trustee and Executive Committee member of the [[National Bureau of Economic Research]]. She was an affiliated expert for the [[Information Technology and Innovation Foundation]] and served as a member of the [[Bipartisan Policy Center|Bipartisan Policy Center’s]] Commission on Retirement Security and Personal Savings. |
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{{Persondata <!-- Metadata: see [[Wikipedia:Persondata]]. --> |
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| NAME =Fosler, Gail D. |
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| SHORT DESCRIPTION =Gail D. Fosler is a prominent American economist and economic forecaster. She is currently president of The GailFosler Group LLC, a strategic advisory service for global business leaders and public policymakers. |
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| DATE OF BIRTH = 1947 |
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| PLACE OF BIRTH = |
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| DATE OF DEATH = |
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| PLACE OF DEATH = |
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}} |
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She served on the Advisory Panel to the [[Federal Reserve Bank of New York]], the [[Chatham House]] Gold Task Force and as a trustee of [[The Economic Club of New York]]. She also chaired the board of directors of the Deschner Corporation, a family-owned manufacturer of hydraulic speed controls and related equipment for industry in [[Santa Ana, California]]. |
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==Death== |
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{{US-business-bio-1940s-stub}} |
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Fosler died on April 2, 2023.<ref name="obit">{{cite web |title=Remembering OurBrainBank Board Member Gail Fosler |url=https://www.ourbrainbank.org/gail-fosler |access-date=28 August 2023 |date=10 April 2023}}</ref> |
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{{Reflist}} |
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== External links == |
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* [https://www.gailfosler.com The GailFosler Group LLC] |
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[[Category:University of Southern California alumni]] |
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[[Category:New York University Stern School of Business alumni]] |
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[[Category:20th-century American businesspeople]] |
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[[Category:20th-century American businesswomen]] |
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[[Category:21st-century American women]] |
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Latest revision as of 22:44, 27 September 2023
 | This article needs additional citations for verification. (August 2023) |
Gail D. Fosler (December 7, 1947 – April 2, 2023) was president of The GailFosler Group, a strategic advisory service for global business leaders and public policymakers,[1] and a prominent economic forecaster. Fosler was a public speaker and her opinions and analysis were frequently quoted within both domestic and international publications.[2][3][4][5][6]
Fosler was twice named America’s most accurate economic forecaster by The Wall Street Journal.[7][8]
A range of policymakers, businesspeople, and fellow economists were known to read her analysis.[9][10]
Early life[edit]
Fosler received her B.A. in economics from the University of Southern California and her M.B.A. in finance from New York University.[8]
Career[edit]
Fosler was a former president and trustee of The Conference Board. From 1989-2008, Fosler served as chief economist of The Conference Board[11] and was president from October 2007 to December 2009.[12] In 2004, she assumed responsibility as executive vice president for expanding the international presence and operations of The Conference Board.[13]
Prior to her time at The Conference Board, Fosler served as deputy staff director and chief economist of the United States Senate Committee on the Budget.[11] Fosler developed frameworks and forecasts for congressional budget debates and acted as a key negotiator on fiscal, monetary, and budget process initiatives for the committee.
She was a past director of Shire plc, Baxalta Incorporated, Swiss Re America Holding Corp., Caterpillar Inc., Baxter International and DBS Holdings (Singapore), among others, and a past trustee of John Hancock Mutual Funds.
She was a member of The Council on Foreign Relations and the Bretton Woods Committee, and a former trustee and Executive Committee member of the National Bureau of Economic Research. She was an affiliated expert for the Information Technology and Innovation Foundation and served as a member of the Bipartisan Policy Center’s Commission on Retirement Security and Personal Savings.
She served on the Advisory Panel to the Federal Reserve Bank of New York, the Chatham House Gold Task Force and as a trustee of The Economic Club of New York. She also chaired the board of directors of the Deschner Corporation, a family-owned manufacturer of hydraulic speed controls and related equipment for industry in Santa Ana, California.
Death[edit]
Fosler died on April 2, 2023.[14]
References[edit]
- ^ Gail D. Fosler GailFosler.com
- ^ "State of the U.S. Economy | C-SPAN.org". www.c-span.org. Retrieved 2019-09-25.
- ^ Samuelson, Robert (7 January 2018). "Will the economy save Trump?". The Washington Post.
- ^ Ip, Greg. "The Fragile Economic Foundation of Dow 20000". WSJ. Retrieved 2019-09-25.
- ^ Redder, Hakon (2019-06-21). "Wall Streets bedste spåkvinde: Recession rammer USA i 2020". borsen.dk (in Danish). Retrieved 2019-09-25.
- ^ "De VS hoeven de rest van de wereld niet te subsidiëren". fd.nl. Retrieved 2019-09-25.
- ^ Mitchell Ford, Constance (July 2, 1999). "Fosler, Avoiding the Crowd, Is Declared No. 1 Forecaster". The Wall Street Journal. Retrieved July 3, 2019.
- ^ a b Mitchell Ford, Constance (Jan 3, 2000). "Conference Board's Gail Fosler Tops Forecasting Survey Again". The Wall Street Journal. Retrieved July 3, 2019.
- ^ Jim Rickards [@JamesGRickards] (February 28, 2018). "A lot of folks ask me which economists I follow most closely. Answer: Start with Gail Fosler then go from there" (Tweet) – via Twitter.
- ^ Lenzner, Robert (August 14, 2014). "Wealth Rising Faster Than GDP Can Trigger a Market Crash". Forbes. Retrieved July 3, 2019.
- ^ a b Evans, Kelly (2007-10-22). "Conference Board Names a President". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-09-25.
- ^ "The Conference Board Names Gail Fosler President". HR.com. October 22, 2007. Retrieved July 3, 2019.
- ^ "Gail D. Fosler". www.conference-board.org. Retrieved 2019-09-25.
- ^ "Remembering OurBrainBank Board Member Gail Fosler". 10 April 2023. Retrieved 28 August 2023.