Economic Forecasting Intern at TTX Company in Charlotte, NC

Summary: TTX Company is a leading provider of railcars and related freight car management services to the North American rail industry. The Economic Forecasting Intern will assist the Director of Economic Planning with economic research, analysis, planning, and forecasting activities in support of the Marketing team’s goals. Responsibilities: - Manage, organize and update internal and external data used by the group - Perform exploratory, prescriptive and visual economic analysis - Develop and run econometric models to forecast economic indicators (imports, housing starts, auto production, etc.) and rail (intermodal, carload and general equipment) loadings - Summarize economic analysis and forecast updates in PowerPoint presentations for Marketing team, senior leadership, Board of Directors and industry partners - Develop, manage and update reports that the group uses to evaluate business performance and forecast variance. Provide application and context with the reported data - Assist the group with ad-hoc requests and projects, evaluation of current processes for process improvement and the development of new analysis tools Required Qualifications: - Currently pursuing a Bachelor's Degree in Economics, Data Science, Statistics is required - Economic analysis skills are required as well as a demonstrated history of applying macroeconomic and microeconomic theories to industry cases - Prescriptive and exploratory analysis, build visual tools, ability to interpret data and findings from econometric models - Must have experience with data collection, cleaning, verifying and general organization and prepping for analysis - Advanced statistics/econometric skills are required - Statistical software and programming experience with Python or R required - Conduct research, problem definition, root cause analysis, propose new approaches, and look for ways to improve processes - Communicate facts, findings and recommendations to both technical and non-technical audiences Preferred Qualifications: - Master's Degree candidate is preferred - rail, transportation or logistics industry experience is plus - time series knowledge and forecasting experience preferred (project or practical experience) - Experience with cloud computing software like Azure or AWS preferred - Knowledge of InDesign publishing software or Oracle is a plus Required Skills: Economic analysis, Statistical software, Python, R Important Skills: Data collection, Quantitative skills Nice-to-Have Skills: InDesign knowledge, Oracle knowledge, Cloud computing Benefits: Paid Time Off, Health, Dental and Vision benefits, 401(k) with company match, This position participates in Railroad Retirement