Arjun Chakravarti

Arjun Chakravarti, former Research Associate at the University of Chicago Booth School of Business, where he received both his Ph.D and MBA, is currently an Assistant Professor of Management and Marketing at IIT Stuart School of Business, and also a Consulting Economist for Technomic, Inc. His research emphasizes the use of tools from “behavioral” economics to understand trends in consumer behavior and managerial decision-making. He has also conducted research in several areas of public policy including urban and immigration economics, and energy/sustainable development. In addition to these activities, Chakravarti provides market forecasting, research, strategy, and business development services to firms across several industries. Prior to his doctoral studies, he graduated Summa Cum Laude from the University of Colorado and worked as a Consultant to the Colorado Technology Incubator (now C-Tek Ventures) in the business-to-business e-commerce space.

Economy Sending Mixed Messages for Foodservice Growth

Moving into the second half of 2014, the economy is sending mixed signals. Revisions of Q1 2014 GDP numbers suggest that the economy contracted almost 2 percent through the winter while job growth has been shockingly robust. Further, because healthcare accounts for nearly 18 percent of Gross Domestic Product (GDP), the significant uncertainties associated with […]

Technomic On the Economy: The Final Chapter for 2013

I. INTRODUCTION As we enter the fourth quarter of 2013, the Eurozone continues its slow march to growth, which in turn has exposed several structural deficiencies in virtually all of the major emerging economies. By this standard, the consistent 2 to 2.5 percent GDP growth in the United States is impressive, especially in the face […]

Can the U.S. Economy Withstand “The Sequester”?

OVERVIEW Significant legislative and regulatory factors continue to send ripples of uncertainty through the economy. We delayed our economic outlook until now in order to gain a sense of certainty on the nature of policies and their potential implications for foodservice. In this update, we provide an overview of critical consumer factors affecting foodservice consumption […]

The World Needs American Consumers. Are They Able to Deliver?

The year began with the U.S. economy outperforming expectations on the heels of mild winter weather and relatively robust consumer spending growth (0.8 percent). Job growth exceeded 200,000 workers and consumer confidence, while still somewhat low by historical standards, reached its post-recession high. As we enter the summer, the anticipated slowing is starting to emerge. […]