ANN ARBOR - Job growth in Washtenaw County is projected to outpace the state through 2026 in a “decidedly healthy” outlook, according to the 2024-2026 Washtenaw County Economic Outlook delivered today. The 39th annual report was presented at the President’s Leadership Recognition Luncheon hosted by Washtenaw Community College President Dr. Rose B. Bellanca. The report was researched and
ANN ARBOR - The U.S. economy should avoid a recession over the next two years, though economic growth is expected to be modest as consumers deal with high interest rates and, for many, dwindling saving account balances. University of Michigan economists see an increasing likelihood of an economic soft landing, noting a resilient labor market
ANN ARBOR – The 25th season of the Washtenaw Economic Club will kick off March 14, with the much-anticipated 2023 economic outlook presented by University of Michigan faculty. Donald Grimes and Gabriel Ehrlich will present their annual forecast 11:30 a.m. to 1:30 p.m. at Washtenaw Community College (WCC), which sponsors the Washtenaw Economic Club. The
LANSING - With only a 10 percent excise tax on the sale of recreational marijuana, Michigan state officials are expecting a fairly substantial windfall in the next two years as the market, literally, lights up to the tune of $140 worth of product for every man, woman and child by the end of 2021. "It's
ANN ARBOR—The U.S. economy, buoyed by low unemployment rates along with robust consumer spending, marked its longest expansion in history this summer yet the pace of growth has cooled. Get ready for a continued slowdown ahead, as growth slides from 2.9% a year ago to 2.3% this year, and to 1.7% in 2020-21, according to
GRAND RAPIDS - After driving the West Michigan economy for several years, the manufacturing sector has reached a holding pattern of flat growth that has economists on the lookout for the next downturn in the business cycle. In general, economists in the region note that weaker-than-expected sales of passenger vehicles in the automotive industry have
FLINT - Two economists from the Detroit branch of the Federal Reserve Bank of Chicago will present an economic forecast for 2016 Feb. 3 at the Baker College of Flint Center for Business. The event is free and open to the public; registration is not required. The Fed presenters, Paul Traub, senior business economist, and
GRAND RAPIDS - The West Michigan economy, still heavily dependent upon manufacturing, will probably not grow as strongly in 2016 and 2017 as it did this year, but the trajectory definitely is up and to the right, an economist predicted Thursday. George Erickcek, a senior regional analyst for the Upjohn Institute for Employment Research, also
