Economist Cliff Waldman has launched New World Economics, a consulting firm focusing on providing research and insights to the manufacturing sector. The new firm is based in Arlington, Virginia.
New World Economics will help clients understand the outlook for US manufacturing and the global economy, while offering analytical services to deliver insight into markets and industries, as well as the impacts of government policies.
In addition to publishing a quarterly forecast report on US manufacturing and a quarterly global economic report, the firm will offer data-related services to create indicators for sales forecasting and corporate productivity metrics for operational assessment.
New World Economics serves manufacturing clients as well as governments and universities.
The firm’s founder and CEO is Cliff Waldman, a leading expert on manufacturing. He brings deep experience in policy-related economic research, model building, and forecasting to the new consulting firm.
He previously spent fifteen years at the Manufacturers Alliance for Productivity and Innovation (MAPI) – a nonprofit manufacturing leadership network offering benchmarks, professional development, and research services – where he was a senior economist and then chief economist. At MAPI, Waldman delivered a quarterly forecast on the US manufacturing sector, spoke at events and panels, and authored a wide range of papers.
Before that, he was an economist at the National Federation of Independent Business, where he created research and reports focused on the economics of small firms. He was also previously a research economist in the New Jersey Department of Labor & Workforce Development, where he built econometric models and provided policy-related analysis for the state’s labor department.
Waldman last year served as the president of the National Economists Club, and currently serves as the chairman of its board of governors. He holds bachelor’s and master’s degrees in economics from Rutgers University, and is a certified business economist.
“My vision, developed over the past two years, is to leverage the tools of economics in conjunction with the rapidly evolving techniques of data science to create a professional services firm that will be a crucial asset for decision making in the factory sector,” said Waldman. “In these early days of our new company, this vision has powered our success with clients and will be our driving force going forward.”