Michigan economy going strong, US holding up—but inflation …
WEBMay 17, 2024 · Michigan’s economy is off to a strong start this year and expected to experience steady job growth, low unemployment and progress toward lower inflation over the next two years, according to University of Michigan economists. Meanwhile, the U.S. economy as a whole offers a slightly noisier picture.
Michigan economy: State should avoid recession, but inflation …
WEBJan 12, 2024 · It estimates real income in Michigan shrank by 0.6% in 2023. Gov. Gretchen Whitmer has said many of her recent budget initiatives are aimed at helping Michigan families struggling with...
Michigan economy not as robust as the nation's; projected to …
WEBMar 1, 2024 · The RSQE's relatively upbeat forecast leaves Michigan about 3.4% below its all-time payroll employment peak from the second quarter of 2000. The outlook for the Michigan economy looks encouraging through the end of 2025, according to a report by economists at the University of Michigan.
U of M economists say U.S. recession unlikely in ... - Michigan …
WEBNov 18, 2023 · Economists from the University of Michigan say the U.S. will likely avoid a recession over the next two years, while Michigan’s economy will continue to see growth. Those are the main takeaways from the economic outlook released Thursday by the University of Michigan Research Seminar in Quantitative Economics (RSQE).
Michigan economy recovering but inflation, supply strains …
WEBMichigan’s economy is recovering from the pandemic-induced recession at a faster pace than previous downturns, but a sharp rise in inflation and supply chain difficulties have been souring perceptions of the economy.
For Michigan’s Economy, Electric Vehicles Are Promising and Scary
WEBFeb 19, 2024 · In a presidential battleground state, electric vehicles have emerged as a contested piece of the economic future — a job-killer or a job-creator.
Bloomberg: Michigan has the No. 1 US economy, has
WEBFeb 23, 2022 · Data showed that non-farm payrolls since April 2020 surged 25%, almost double the 14.3% U.S. average and leading every state in the nation. Michigan unemployment is 5.6%, down from a pandemic...
Gov. Whitmer details MI New Economy plan to grow our middle …
WEBSep 21, 2021 · Today at the Mackinac Policy Conference, Gov. Whitmer detailed her economic agenda, including the unveiling of the three pillars of her bold $2.1 billion MI New Economy plan to grow Michigan's middle class, support small businesses and …
Recession? Most Michigan CEOs see stable economy ahead
WEBAug 7, 2024 · A survey shows that more Michigan CEOs are optimistic about the state's economy than a half-year ago and expect it to remain stable.
Economy of Michigan Statistics and Data Trends: GDP ranking ...
WEBAug 30, 2023 · Discover the current state of Michigan's economy, including its growth, unemployment rate, and key industries. Get insights from government data provided by the Bureau of Economic Analysis and the Bureau of Labor Statistics.