Cautious optimism in Kern’s economic outlook | New

Kern County economy watchers say clouds of inflation and rising interest rates could combine to slow local business activity in the coming quarters, but still unclear how severe the impact could be.

Some say the region may be better prepared now to weather a possible recession than it was last time in 2007-2009. There are concerns, however, that some local businesses are highly exposed to two growing factors: debt-dependent business operations and consumers’ habitual purchases on credit.

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