"It's a combination of not only Dallas being an easy place to get to, but there's been so much growth that people wanted to get back to see it. And, the economy is so much better," Lynn Schenck, SIOR national president told GlobeSt.com after the opening session at the Downtown Hyatt Regency. The North Texas chapter kicked off a weekend of events headlined by keynote speeches from Dr. James F. Smith, SIOR's chief economist, and Texas' own H. Ross Perot Sr.
Schenck of St. Louis told the crowd, the largest in five years, that she's noticed the "optimism" and change in the commercial landscape as she traveled the SIOR circuit this year. "I think 2004 and 2005 are going to be great years for our industry," she said.
But, the final word on the state of the economy came from Smith, formerly of the University of North Texas and now senior fellow and director of the Center for Business Forecasting at the Kenan Institute of Private Enterprise in the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. "The economic outlook has not been better in two decades," Smith said. With each downturn, Dallas emerged stronger than before; this time, it won't be any different.
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