At CenterState CEO’s 2022 virtual Economic Forecast event [on Jan. 26], we presented our most optimistic Economic Forecast Report for Central New York that I can recall. This event is an opportunity to reflect on and put into context the economic trends of the past year. It is also about looking forward. I am incredibly confident […]
At CenterState CEO’s 2022 virtual Economic Forecast event [on Jan. 26], we presented our most optimistic Economic Forecast Report for Central New York that I can recall. This event is an opportunity to reflect on and put into context the economic trends of the past year. It is also about looking forward. I am incredibly confident for what the year ahead will bring, especially given the exceptionally positive sentiment of our forecasters this year, even amid the real and daunting challenges they face.
“I am incredibly confident for what the year ahead will bring especially given the exceptionally positive sentiment of our forecasters this year, even amid the real and daunting challenges they face.”
This year’s economic outlook reflects the significant progress we are seeing, which is the result of us doubling down on our strategies to build an economy based on our region’s assets. I believe we will meet any opportunity we face successfully if we remain focused on our core strategies and committed to our long-term vision.
In his keynote remarks, Peter Kneis, group VP at M&T Bank, provided an analytic assessment of national and regional economic trends from the past year, including the impacts of the COVID-19 crisis. His detailed outlook into 2022 reinforced that success and opportunities for growth will be driven by our ability to react to the changing landscape. Additionally, he highlighted that the more challenging trends we see are not unique to Central New York, but rather reflective of a national and international economy that has been put under the tremendous pressure of a prolonged pandemic.
I hope that you feel the same level of commitment, determination, and tenacity that I do as we ready ourselves for the year ahead and the massive and exciting opportunities on the horizon. As always, our team is ready to partner and provide support to help you navigate all that is ahead in 2022.
Robert M. Simpson is president and CEO of CenterState CEO, the primary economic-development organization for Central New York. This article is drawn and edited from the “CEO Focus” email newsletter that the organization sent to members on Jan. 27. You can read the full Economic Forecast report at: https://www.centerstateceo.com/sites/default/files/16312_CEO%20CenterState_Economic%20Forecast_WEB.pdf
