Economic Outlook

Michigan CEOs’ Confidence In Economic Outlook Improves, But Inflation, Talent Shortages, Recession Remain As Risks

DETROIT – Michigan’s top executives have an improved outlook about Michigan’s economy, but continued concerns over the availability and quality of the state’s talent pool remain, according to Business Leaders for Michigan’s most recent quarterly economic outlook survey. The CEO survey, conducted July 10-28, found 74% of respondents expect Michigan’s economy to improve or remain

By |2023-08-23T09:30:46-04:00August 23rd, 2023|Featured, News|

West Michigan Businesses Rebounding, But Slow Down Later When Interest Rates Rise

GRAND RAPIDS — West Michigan businesses will continue to rebound from the pandemic but Grand Valley State University researchers said growth will slow later this year due to a likely rise in interest rates. Paul Isely, professor of economics and associate dean in the Seidman College of Business, detailed his benchmark survey of the regional economy

By |2022-02-03T17:24:43-05:00February 3rd, 2022|Featured, News|

Small Business Owners Anticipate Economic Downturn in 2020

WASHINGTON DC – Small business owners feel only “somewhat prepared” for a potential economic downturn, according to new data gathered by SCORE, mentors to America’s small businesses. Data shows that the U.S. economy is strong, but slowing; and, while 75% of small business owners rated their company’s cash flow as “good” or “very good” in

By |2020-01-12T13:56:40-05:00January 12th, 2020|News|

Partisanship Rules Consumer Sentiment In March

ANN ARBOR - The continued strength in consumer sentiment has been due to optimistic views on three critical components: higher incomes and wealth, more favorable job prospects, and low inflation expectations. All of these factors, however, have been influenced by partisanship, according to the University of Michigan Surveys of Consumers. Democrats expect an imminent recession,

By |2017-04-27T14:59:07-04:00April 27th, 2017|Politics|