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Johnson expresses optimism about economic growth

Hugh Johnson, one of the regions leading financial advisors, was the keynote speaker at Union College' Annual Business Campaign breakfast on Thursday morning. Here Johnson is introduced by Frank Messa, '73, Interm Vice President for College Relations at Union College.
Photographer: Marc Schultz
Hugh Johnson, one of the regions leading financial advisors, was the keynote speaker at Union College' Annual Business Campaign breakfast on Thursday morning. Here Johnson is introduced by Frank Messa, '73, Interm Vice President for College Relations at Union College.
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The nation’s economy will grow in 2014. It will be anemic growth, but there are reasons to be optimistic, according to Albany economist Hugh Johnson. One of those reasons, he said, is that the country is entering a period of prolonged economic growth that will be spurred by increasing revenues, decreasing expenses, a falling deficit and the likelihood of American energy independence by 2020. “Everybody worries about deficits,” said Johnson, chairman and chief investment officer ...

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