During the annual Spring Economic Conference hosted by NYISO, stakeholders were presented with positive economic forecasts for both New York state and the U.S. Adam Kamins, senior director of Moody’s Analytics, delivered the keynote address where he outlined the economic outlooks for the state and the nation.
The presentation emphasized the recovery of New York’s economy but also highlighted that “scars remain” from past challenges. This serves as a reminder that while progress has been made, there are still underlying issues that need to be addressed in order to ensure long-term stability.
Despite these challenges, Moody’s noted that there is promise in the future as both New York state and the U.S. continue to recover economically. Stakeholders were encouraged by this positive outlook, which signaled a path towards further growth and stability in the years to come.
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