GRAND RAPIDS – Optimism about the economy remained high going into the third quarter among Michigan businesses surveyed by PNC Bank.
In a semi-annual sentiment survey, 45 percent of the responding small and mid-market business owners and executives in Michigan said they feel optimistic about their local economy. That compares to 34 percent who said they were optimistic in the spring and 28 percent a year ago.
Fifty-six percent of respondents told PNC Bank they were optimistic about their own business, versus 42 percent six months earlier and 43 percent in the fall of 2017.
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