NORWICH – What’s the economic forecast? Cold with a chance of snow for the foreseeable future, according to Tulsa entrepreneur Clayton Clark.

“We can’t change the weather. What we can do is change our response to it,” Clark told a roomful of local businesses and community leaders on Tuesday during Commerce Chenango’s Annual Economic Forecast Breakfast.

Clark, who owns a host of successful businesses including the Make Your Life Epic Institute, was the keynote speaker at the event, held at the Howard Johnson in Norwich. The self-proclaimed “serial entrepreneur” was introduced by NBT Bank President and CEO Martin Dietrich, whose organization sponsored the event in conjunction with The Evening Sun and Norwich-Sidney Pennysaver.

“We basically know we’re going to have snow for the foreseeable future,” said Clark, who was named U.S. Small Business Administration Entrepreneur of the Year at age 27.

Citing sources including Investor’s Business Daily, Kipplingers and Federal Reserve Chairman Ben Bernanke, he ran down a list of statistics about housing and retail markets, unemployment, interest rates and inflation. Despite modest growth in the retail markets, and unemployment dropping below 9 percent, there is much uncertainty. He quoted Warren Buffet as saying even he was worried about inflation.