Ken Entenmann, Sr., Vice President and Chief Financial Officer for NBT Bank, was guest speaker at this year's annual economic forecast breakfast in Norwich.

The event is held annually to get an idea of where the economy is headed and its possible impact on the local region. Entenmann gave his take on Wall Street's sudden mini-crash and quick recovery in January:

Steve Craig, President and CEO of Commerce Chenango, said Entenmann also talked about three other things that affect the economy: consumer spending, business investment, and what the government does:

Entenmann says that the economy is moving in the right direction, but could be moving faster.