Stuart G. Hoffman is a senior vice president and chief economist for The PNC Financial Services Group and serves as the principle spokesperson on all economic issues for PNC. Hoffman was recognized as the most accurate forcaster for 2004 by BusinessWeek and the second most accurate economist and interest rate forecaster for 2006 by USA Today. In addition, he was named one of the top forecasters in the Wall Street Journal economic survey covering the 1988 to 2012 period.
Hoffman joined PNC in 1980 after a six-year tenure with the Federal Reserve Bank of Atlanta. He became vice president and senior economist for PNC in 1987 and was elected senior vice president and chief economist in 1991.
He is frequently quoted in The Wall Street Journal, The New York Times and Barron’s. He is a regular guest on CNBC, Bloomberg TV and The Wall Street Journal Radio Report. In addition, he is regularly interviewed by the Associated Press and Reuter’s news wire services.
Hoffman is currently serving on the American Bankers Economic Advisory Committee. He also serves on the board of directors of the Economic Club of Pittsburgh – the local chapter of National Association for Business Economics (NABE). He is a past president of the National Association for Business Economics.
Hoffman is a 1971 graduate of Pennsylvania State University. He received a master’s degree in 1973 and a doctorate degree in economics in 1975, both from the University of Cincinnati, where he was a Charles Phelps Taft Memorial Fellow. In 2004, the University of Cincinnati honored him as a Distinguished Alumnus and in 2011 presented him with The Carl Lindner Award for Outstanding Business Achievement.