Managing Director and Chief Economist, Wells Fargo
John Silvia is a managing director and the chief economist for Wells Fargo. Based
in Charlotte, N.C., he has held his position since he joined Wachovia, a Wells Fargo
predecessor, in 2002 as the company’s chief economist.
Prior to his current position, John worked on Capitol Hill as senior economist for
the U.S. Senate Joint Economic Committee and chief economist for the U.S. Senate
Banking, Housing and Urban Affairs Committee. Before that, he was chief economist
of Kemper Funds and managing director of Scudder Kemper Investments, Inc.
John currently serves as the president of the National Association for Business
Economics (NABE) and was awarded a NABE Fellow Certificate of Recognition in
2011 for outstanding contributions to the business economics profession and leadership
among business economists to the nation. For the second time in three years, he was
awarded the best overall forecast by the Federal Reserve Bank of Chicago, as well as
the best unemployment rate forecast for 2011. John is on the Bloomberg Best Forecast
list for his forecasts of GDP, the ISM manufacturing index, housing starts, and the
John holds B.A. and Ph.D. degrees in economics from Northeastern University in
Boston, and has a master’s degree in economics from Brown University. John’s first
book, Dynamic Economic Decision Making, was published by Wiley in August, 2011.
His second book, Economic & Business Forecasting, was published in 2014, also by Wiley.
John serves as a member of the Blue Chip Panel of Economic Forecasters and also
serves on an informal advisory group for the Federal Reserve Bank of Philadelphia.
He served as chair for the Economic Advisory Committee of the Securities Industry
and Financial Markets Association (SIFMA) Economic Advisory Roundtable. John
also serves on the finance committee for the Mint Museum in Charlotte, N.C.
John is past president of the Charlotte Economics Club. He has also served on
economic advisory committees to the Federal Reserve Bank of Cleveland, the Federal
Reserve Bank of Chicago, and the Public Securities Association.
A strong supporter of education and civic affairs, John serves as a member of the
Business Advisory Council at the Walker College of Business at Appalachian State
University in Boone, N.C., and on the President’s Council for Charlotte’s Central
Piedmont Community College. He has previously served as a board member of the
British American Business Council of North Carolina and served on the Economic
Development Board for the State of North Carolina, a special appointment by the
governor. He also served on the Business Advisory Committee for the City of Charlotte.