HomeNewsNewsSpeaker warns economy will be unbalanced, anticipates ‘year of growth’ | News

Speaker warns economy will be unbalanced, anticipates ‘year of growth’ | News

Economist Dr. Anirban Basu expects a year of economic growth in 2022.

Basu, president and CEO of Baltimore-based Sage Policy Group, was the keynote speaker during the 14th annual Greater Susquehanna Valley Chamber of Commerce’s Economic Forecast via Zoom on Friday. The meeting was attended by nearly 200 participants.

Consumers are still spending and supply chain issues seem to be getting better, said Basu.

“I would expect this to be a year of economic growth,” said Basu. “This will be a year of growth, but it won’t be rapid growth. In the range of 2 percent, I think is where we’ll see growth this year. The economy will remain a bit unbalanced with suppliers struggling to keep up with demands. It’s getting better out there on the supply side of things.”

Sage Policy Group…

Read more…