Economic Recovery: The Challenges and Opportunities Ahead for New York and the US

At NYISO’s annual Spring Economic Conference, Adam Kamins, senior director of Moody’s Analytics, presented the economic forecasts for both New York state and the U.S. While the forecasts were reasonably healthy, Kamins emphasized that 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.

During the conference, stakeholders learned about the economic outlook for New York state and the nation. Kamins highlighted that while there are still scars remaining as New York’s economy continues to recover, there is hope for a brighter future. Stakeholders were encouraged to remain vigilant and proactive in their efforts to support and strengthen the economy as it continues to recover.