Despite Scars, New York’s Economy Makes a Recovery

The economic forecasts for both New York state and the U.S. were presented by Adam Kamins, senior director of Moody’s Analytics at NYISO’s annual Spring Economic Conference. Kamins highlighted that there are still scars remaining as New York’s economy continues to recover. Looking to read the full article? Scroll down and login or sign up today!

During the conference, stakeholders learned about the economic outlook for New York state and the nation. Kamins emphasized that while the forecasts are reasonably healthy, there are still challenges that need to be addressed in order for the economy to fully recover.

One of the main takeaways from Kamins’ presentation was that despite progress being made, there are still lingering effects from the economic downturn. These scars will take time to heal, and it will require a continued effort to ensure that the economy can bounce back and thrive once again.

Overall, the economic forecasts presented at the conference were positive, but it was clear that there is still work to be done in order to fully recover from the economic impact of the past year. Stakeholders were encouraged to remain vigilant and proactive in their efforts to support and strengthen the economy as it continues to recover.