Business professor Roy Pearson began Tuesday’s Business Roundtable Luncheon by addressing area business leaders’ most consistent question: “Is it time to panic yet?”
Pearson led the luncheon of about 70 local government and small business leaders, sponsored by the city’s Economic Development Authority. The College of William and Mary chancellor professor of business emeritus delivered his annual economic forecast for the nation and state for the next two years.
Pearson’s short answer: “No.”
He went on to say, “The economy in the United States is on a much more sound spree than most forecasters are willing to admit.”
According to Pearson, 2018 was a stellar year for...