Mississippi Governor Haley Barbour hosted the presidents of the
Federal Reserve Banks of Atlanta, Dallas and St. Louis, respectively Saturday, Aug. 25 to discuss regional economic
growth and workforce pressures in a globalized economy.The session was part of the 73rd annual convening of the Southern Governors' Association meeting in Biloxi, Mississippi
Dennis P. Lockhart, president and chief executive officer of the Federal Reserve Bank of Atlanta,
was the lead presenter at the meeting’s opening plenary session entitled “Regional Economic
Trends.” In his remarks, Lockhart discussed the importance of education and retraining to make
workers resilient to competitive pressures in a global economy, and described the Sixth Federal
Reserve District as an economic microcosm of the nation, overall, noting that the emergence of
automotive manufacturing and the service industry helped to compensate for weaknesses in
manufacturing job losses in recent decades.
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