PBN summit panel: Economic indicators say recession coming in 2023

KARL WADENSTEN, second from left, CEO and president of VIBCO Inc., makes a point during the panel discussion at Providence Business News' 2023 Economic Trends Summit in Providence on Thursday. Also on the panel is, from left, Thomas Tzitouris, head of fixed income research at Stratgas; Peter R. Phillips, senior vice president and chief investment officer at Washington Trust Wealth Management; Julietta Georgakis, chief of staff for the R.I. Executive Office of Commerce; and Kevin Casey, vice president of sales at Sweeney Real Estate & Appraisal. At far right is PBN Editor Michael Mello, the moderator. / PBN PHOTO/MIKE SKORSKI
KARL WADENSTEN, second from left, CEO and president of VIBCO Inc., makes a point during the panel discussion at Providence Business News' 2023 Economic Trends Summit in Providence on Thursday. Also on the panel are, from left, Thomas Tzitzouris, head of fixed income research at Strategas; Peter R. Phillips, senior vice president and chief investment officer at Washington Trust Wealth Management; Julietta Georgakis, chief of staff for the R.I. Executive Office of Commerce; and Kevin Casey, vice president of sales at Sweeney Real Estate & Appraisal. At far right is PBN Editor Michael Mello, the moderator. / PBN PHOTO/MIKE SKORSKI
PROVIDENCE – In many ways, the party is over. At least that's the way the panelists at Providence Business News’ Economic Trends Summit on Thursday see it when it comes to the national and state economies, which they believe are headed into a recession sometime in 2023, though how painful it will be and how…

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