Economic experts speak at Tioga County Chamber forum
OWEGO, N.Y. (WIVT/WBGH) – Tioga County's Chamber of Commerce brought together experts in economics to discuss the future of our economy locally and country wide.
The Chamber held its annual Economic Forecasting forum, with this year's theme titled, 'where opportunity meets growth.'
Two of the keynote speakers were Joe Nehme, the Senior Manager of External Affairs at Micron, and Giovanni Scaringi, a professor of economics at SUNY Broome.
Nehme showed renderings of what will be Micron's super factory, and says the plan is to break ground on the project in November.
Professor Scaringi says the one word to describe the state of our economy, is uncertainty. But he says big projects like Micron could give a huge boost to smaller, local businesses.
'Are there local and established businesses or, potentially new ventures or new entrepreneurial startups that may, in some way, shape, or form, be able to jump on that bandwagon to support these larger investment initiatives here in the Southern Tier and more broadly in Upstate New York,' said Scaringi.
Scaringi says one of the biggest uncertainties is how the tariffs will affect our relationships with other nations, and the price of resources like steel and aluminum.
In attendance at the forum were local business owners, politicians, economists and others.
Scaringi says the economy is indicating that in one way, shape or form, a recession of some kind is on the horizon.
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Economic experts speak at Tioga County Chamber forum
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