Challenges still ahead, resilience necessary

SINCE 1872 MONSON

Savings Bank has been committed to helping customers contribute to the overall progress of local communities through various economic cycles. Although 2022 ended with a 2.9% GDP growth in the fourth quarter and local economic conditions continued to feel healthy, 2023 looks more challenging.

Please note I claim no distinction as an economist nor mystic with my views.

“Cautious optimism” is an overused phrase that I and many others have used recently. It might have some merit, but regardless of anybody’s outlook, complacency brings failures while initiative, planning and teamwork bring success.

Many challenges lie ahead in 2023; however like the weather in New England, headwinds may change.