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Sept. 18th dinner meeting

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Jim Lowry

Topic:  Triad Economics

From the Federal Reserve Board, just how is the current triad economic climate viewed?  What is being recommended by the Federal Reserve and why it matters to the triad.

Jim Lowry

Lowry is one of three Board members appointed from outside the financial industry. One of the Board's main responsibilities is to provide information each month to the Richmond district office of the Federal Reserve Board about the economic climate of the Triad and the Carolinas. Each of the 36 regional offices of the Federal Reserve Bank provides similar information, helping the Federal Reserve Bank determine economic policy for the nation.

An honors graduate of NC State University, Jim began his career utilizing his aeronautical engineering degree at Lockheed Aircraft in Georgia, followed by several years with General Electric where he worked as a computer applications, sales rep and district sales manager. All these jobs positioned him well for the franchised automotive industry which he joined in 1977 when he was appointed as the dealer/owner of Lowry Chevrolet in Tryon, NC.

After serving for a year in Governor Jim Hunt's administration as State Purchasing Officer, Jim re-joined the automotive dealership industry working with High Point dealer George Lyles in his many business operations. In 1992 Jim acquired several GM franchises becoming owner and president of Lowry Buick Olds Pontiac Chevrolet in Thomasville. This was followed by his acquisition and management of a Nissan store in Rockingham. From 1998-2002, he was president and dealer principal of High Point Chevrolet Jeep in High Point.  Jim continues to lend his automotive management expertise in a consulting capacity to other dealerships and manufacturers.

Over the years, he has served the American Indian community in various positions with the NC Commission of Indian Affairs, and has been a leader in a large number of civic and community organizations in the Thomasville and High Point areas. Lowry, a Lumbee, served for two years as chairperson of the Lumbee Self-Determination Commission.

Jim was appointed to the seven-member Board of Directors of the Charlotte office of the Federal Reserve Board in July, 2002.  In January, 2007, Lowry was elected for a one-year term as chairperson of the Charlotte directors Board. 

The Federal Reserve Bank of Richmond is one of 12 District Reserve Banks that together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. The Richmond Fed serves the Fifth Federal Reserve District, which encompasses the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia.

 NOTE:  This meeting starts at 7PM