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Economy faces significant challenges, panelists say at Richmond event

Aug 29, 2016

Posted by John Reid Blackwell on 8/25/2016 on Richmond Times Dispatch

The health of the U.S. economy falls somewhere between poor to pretty good, based on the views of four panelists who spoke Thursday at an economic forum in Richmond hosted by the Institute for Real Estate Management.

On the panel were Rep. Dave Brat, R-7th; Raymond Owens, senior economist and research adviser for the Federal Reserve Bank of Richmond; Bill Barnett, senior vice president and partner with Henrico County-based Commonwealth Commercial Partners LLC; and Michael Walsh, director of debt management for the Virginia Tech Foundation.

Moderator Gregory J. Gilligan, business editor at the Richmond Times-Dispatch, asked the panel to rate the state of the economy on a scale of 1 to 10, with 10 being the best and 1 being the worst.

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