NORWICH – Slowgoing, but still growing. That’s how NBT Bank Senior Vice President and Chief Investment Officer Kenneth Entenmann described the state of the U.S. economy at Commerce Chenango’s annual “Economic Forecast Breakfast” held Thursday at the Norwich American Legion.
Dozens of leaders in the business, nonprofit, and government sectors attended the event to discuss the major successes and setbacks of the last year, and to get a glimpse of what may be in store for the year ahead.
Entenmann, appearing in his third consecutive year as the event’s keynote speaker, played off last year’s theme in which he defended his sense of “cautious optimism” concerning economic growth.
“Today, I’m still unenthusiastically optimistic,” he said Thursday. “It’s hard to describe where the economy is because it’s not bad, but it’s not great.”