Oppedahl to launch Money Smart Week

An economist from the Federal Reserve Bank of Chicago will help kick off Money Smart Week in Fort Dodge.

David Oppedahl will present “Looking Out for Small Business” at 11:30 a.m. Thursday at CANA, 18 S. Third Street.

Oppedahl is a business economist in the economic research department at the bank. He conducts research on the agricultural sector and rural development as well as conducting microeconomic research and directs the Chicago Federal Reserve District’s survey of agricultural banks on agricultural land values and credit conditions.

“That ties in very strongly with the Iowa economy,” Oppedahl said. “I’ll talk about the economy is kind of general terms, breaking down specific sections.”

The economic downturn of the past five years has had, in some cases, positive effect on small businesses.

In particular, continually low interest rates can be beneficial in aiding finance of business startups and expansions.

“Entrepreneurship is a part of the presentation,” said Oppedahl. “We try to help people understand what is available.”

Before starting his career at the Chicago Fed as an associate economist in 1998, Oppedahl was a consultant in the economic research department at the Federal Reserve Bank of Dallas.

Oppedahl received a degree in mathematics from Wheaton College and a master’s degree in statistics from the University of Wisconsin-Madison. He also completed graduate-level course work in economics while attending Southern Methodist University.