Anirban Basu Delivers Economic Forecast at #MACoCon

In the 2017 MACo Summer Conference session, “Markets, He Wrote: Looking for Clues into the Economy’s Direction“, economist, and Chairman and Chief Executive Officer of Sage Policy Group, Inc., Anirban Basu, provided audience members with a local, state, national, and global economic forecast.

Senator Middleton Introduces Economist Anirban Basu.
Senator Middleton Introduces Economist Anirban Basu.

Basu discussed positives such as the state’s overall job growth and economic standing. But tempered that news with recognition that there is regional disparity between Washington and Baltimore metro counties which are experiencing growth, while rural areas in the east and west are experiencing stagnation or decline. Overall, Basu had ominous predictions for the future with threats of a downturn as soon as 2019.

The session was moderated by Senator Thomas “Mac” Middleton and held on Friday, August 18, 2017.

The MACo summer conference was  held August 16-19, 2017 at the Roland Powell Convention Center in Ocean City Maryland. This year’s theme was “You’re Hired!”.