MEMPHIS, Tenn. (WMC) – Rising energy prices have created a sense of uncertainty about economic growth in Memphis, according to a key watchdog of the Mid-South economy who bases his opinions on conversations with his many business contacts.
Douglas Scarboro shared his insights into economic trends at a Memphis Rotary Club luncheon at the Pink Palace on Tuesday. Scarboro leads the Memphis branch of the Federal Reserve Bank of St. Louis.
Scarboro’s team conducts economic research, handles cash services for Memphis banks, supervises financial institutions, and promotes community development and financial literacy…