Bachelor in Economics, Franklin & Marshall College, Lancaster, PA, 1977. Doctor of Philosophy in Economics, University Wisconsin, Madison, 1984.
Research associate Wharton Econometric Forecasting Associates, Philadelphia, 1977-1980. Instructor Wardlaw-Hartridge School, Plainfield, New Jersey, 1978-1979. Assistant professor Krannert School Management, Purdue University, Lafayette, Indiana, 1984-1989.
Research economist Federal Reserve Bank Richmond, Virginia, 1989-1990, associate research officer, 1991-1993, research officer, 1994-1996, vice president, 1996-1999, senior vice president, director research, 1999—2004, president, since 2004.
Advisory board member Junior Achievement Central Virginia. Member advisory council Maggie L. Walker Governor's School, Richmond. President Congregation Or Ami, 1995—1997.
Board directors Richmond Jewish Foundation, World Affairs Council Greater Richmond. Member of Richmond Association Business Economists, American Economic Association.
Married Lisa Joy Halberstadt, June 7, 1981. Children: Benjamin S.H., Daniel H.