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Manufacturing Talk Radio is a weekly Talk Radio Podcast broadcast to manufacturers of all sizes across the globe. Show host, Lew Weiss, and co-host, Tim Grady, present breaking manufacturing news and tackle business trends and economic forecasts in manufacturing for small, medium and large manufacturers across the globe.

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Episode 326: Manufacturing Matters with Bill Strauss, Senior Economist and Economic Advisor at the Federal Bank of Chicago

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Today’s Episode

In this episode we are privileged to host Bill Strauss, Senior Economist and Economic Advisor at the Federal Bank of Chicago and the Fed’s leading expert on US manufacturing. Bill offers perspective on the slow recovery of the US manufacturing sector from the Great Recession and on the much-discussed issue of manufacturing productivity. The interview then turns to various elements of US manufacturing competitiveness including technology, workforce, and the value of the dollar. The discussion concludes with Bill’s thoughts on manufacturing subsectors.

MEET YOUR HOST

Lewis Weiss

Mr. Lewis Weiss is Host of Manufacturing Talk Radio and President of All Metals & Forge Group, the principal sponsor of the show. He has 60 years in the metals industry as a manufacturer of open die forgings and seamless rolled rings, running a business that sells forged products globally to OEMs, major manufacturers, mid-size first- and second-tier suppliers, and small metalworking companies. Lewis Weiss puts his experience in manufacturing to good use as an expert consultant on various TV and radio programs nationwide.


Tim Grady

Mr. Tim Grady is an Executive Producer and Co-host of Manufacturing Talk Radio. He brings more than 25 years of knowledge as a senior strategist and business advisor to companies of all sizes in more than thirty industries, advising them on revving up revenues, macro and micro marketing, strategic selling, organization optimization, website ergonomics, data mining, and other external or internal factors that can accelerate or impede business operations and net profit.


SPECIAL GUEST

William A. Strauss

William A. Strauss is a Senior Economist and Economic Advisor in the Economic Research Department at the Federal Reserve Bank of Chicago, which he joined in 1982.  His chief responsibilities include analyzing the current performance of both the Midwest economy and the manufacturing sector for use in monetary policy.  He organizes the Bank’s Economic Outlook Symposium and Automotive Outlook Symposium. In addition, he conducts industrial and manufacturing roundtables throughout the year.

Mr. Strauss earned a B.A. in economics and geography from the State University of New York at Buffalo, and an M.A. in economics from Northwestern University.  Mr. Strauss is a Certified Business Economist™ (CBE).

He has taught as an adjunct faculty member at Loyola University Chicago and Webster University in Chicago.  He currently teaches at DePaul University Kellstadt Graduate School of Business, and at the University of Chicago Graham School of Continuing Liberal and Professional Studies.  At the latter institution, he was named winner of the 2010 Excellence in Teaching Award in the Business and Professional Programs.  He was recognized by the University at Buffalo as a Distinguished Alumni in 2012. Strauss was named a Fellow of the National Association for Business Economics in 2017.

His research papers include analysis of the manufacturing sector, the automotive sector, the Midwest regional economy, the trade-weighted dollar, business cycles, and Federal Reserve payments operations.

Mr. Strauss has been interviewed on numerous television and radio shows and quoted in the major business magazines and newspapers. He has also provided testimony concerning manufacturing issues to the U.S. Senate

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