DAYTON, Ohio — While the evidence points to continued economic recovery, business executives still need to plan for new challenges to surface as the economy snaps back, an economist said recently.
Economies — both foreign and domestic — will grow through the end of this year and into next year, Ken Mayland, president of ClearView Economics LLC, told an audience at the Crown Plaza Hotel. Mayland was keynote speaker for KeyBank's annual economic outlook breakfast.
Mayland said his research indicates that economies snap back with a similar intensity to that of their contraction, meaning that he anticipates a strong rebound from what has been a severe recession.
Executives will have to look at a number of issues, such as the amount of growth, inflationary risks and interest rate hikes, Mayland said.
Tim Tresslar writes for the Dayton Daily News. E-mail: ttresslar(at)DaytonDailyNews.com.