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September 1, 2014, 1:40 pm
970 WMAY News

Economist: Outlook is Optimistic Long-Range, Fiscal Cliff Fears Overblown


An economic expert says he has an optimistic long-range view of the economy… and thinks fears of the so-called “fiscal cliff” are overblown.

 

Those remarks from Joe Terrill came at the annual Chamber of Commerce economic outlook breakfast Thursday.

 

The Chamber also released results of a new local business survey… which found that the majority of local businesses expect their financial picture to remain stable or improve over the next year.

 

But at the same time, the business owners are less optimistic about the overall Sangamon County economy, with more than 40% expecting a downturn for the county as a whole.

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