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Economic Analyst

  • Job
    Full-time
    Junior Level
  • Data
    Business, Operations & Strategy
  • Atlanta

AI generated summary

  • You need 1-2 years of experience, preferably a Master's in Economics, Finance, or related fields, and skills in Excel, Access, PowerPoint, Tableau, with strong analytical and communication abilities.
  • You will analyze economic data, prepare forecasts, support business strategy, assess market conditions, and assist teams with insights and reports to enhance decision-making and performance.

Requirements

  • Minimum Level: 1-2 years
  • Preferred Level: Master's Degree (MBA, MS)
  • Preferred Majors
  • Economics
  • Finance
  • Marketing
  • Computer and Information Sciences
  • Mathematical Sciences - Probability & Statistics
  • Technical Skills
  • MS Excel/Spreadsheets
  • MS Access/Database Development
  • MS PowerPoint/Presentations
  • Tableau
  • Skills And Abilities
  • Analytical Thinking
  • Written Communication
  • Identifying and Considering Alternatives
  • Presenting/Public Speaking
  • Environment: Hybrid
  • Travel Required: 0 - 2 Days per Month

Responsibilities

  • Provide the Marketing division, and other NS departments with economic, industry, statistical and forecast information to support critical decision-making. Analyze data from internal and external sources to develop relevant insights in a variety of formats for NS stakeholders.
  • Prepare research materials to support business development and validate areas of broader business strategy as determined by Marketing leadership. Work includes researching data sources, analyzing and interpreting relevant data, and developing recommendations.
  • Assess business, competitive, and economic climates. Identify potential impacts on NS.
  • Use statistical methods and tools to develop macro-economic forecast models used by Marketing in the development of the corporate demand forecast. Also, prepare statistical forecasts for long-term infrastructure planning and other special projects.
  • Assist Marketing teams in the application and interpretation of economic and other forward-looking information to support the development of the corporate forecast.
  • Utilize computer-based analytic tools including mapping programs, databases, websites, and dashboards to provide business intelligence to a wide variety of users.
  • Prepare reports, speeches, data, and other materials to assess NS' current performance, competitor actions, and economic and business conditions.
  • Support Marketing teams in the application of NS' forecasting system.

FAQs

What is the minimum level of experience required for this Economic Analyst position?

The minimum level of experience required is 1-2 years.

What are the preferred educational qualifications for this role?

The preferred educational qualification is a Master's Degree (MBA, MS) in relevant fields.

Which majors are preferred for candidates applying for the Economic Analyst position?

Preferred majors include Economics, Finance, Marketing, Computer and Information Sciences, and Mathematical Sciences - Probability & Statistics.

What specific technical skills are required for this position?

Required technical skills include proficiency in MS Excel/Spreadsheets, MS Access/Database Development, MS PowerPoint/Presentations, and Tableau.

What type of analytical skills are important for this role?

Important analytical skills include Analytical Thinking, Identifying and Considering Alternatives, and Written Communication.

What does the working environment for this position look like?

The working environment is hybrid, combining both remote and in-office work.

How often is travel required for this role?

Travel is required 0 - 2 days per month.

What kind of support will the Economic Analyst provide to the Marketing division?

The Economic Analyst will provide economic, industry, statistical, and forecast information to support critical decision-making for the Marketing division and other NS departments.

Will this role involve presenting findings or recommendations?

Yes, the role will involve presenting findings and recommendations as well as preparing reports and other materials for NS stakeholders.

What is the main focus of Norfolk Southern as a company?

Norfolk Southern is focused on being customer-centric and operations-driven, dedicated to advancing safety, serving communities, and driving innovation in rail transportation.

Transportation
Industry
10,001+
Employees
1827
Founded Year

Mission & Purpose

Since 1827, Norfolk Southern (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that power the U.S. economy. Today, we operate a customer-centric and operations-driven freight transportation network across 19,000 route miles and have the most extensive intermodal network in the eastern United States. Norfolk Southern serves a majority of the country’s population and manufacturing base, with connections to every major container port on the Atlantic coast as well as the Gulf of Mexico and Great Lakes. Committed to furthering sustainability, we help our customers avoid 15 million tons of annual carbon emissions by shipping via rail. Our railroaders deliver more than 7 million carloads each year, from agriculture to consumer goods, and is the largest rail shipper of auto products and metals in North America. Visit our website to learn more about transporting your company’s goods with Norfolk Southern and to calculate how you can decarbonize your supply chain through freight rail.