November 27, 2020

economic forecast

  1. November 20, 2020

    State forecast: Slow emergence from COVID-19 recession

    Michigan’s economy is expected to gradually emerge from the pandemic-induced recession, but the pace and degree of the recovery will vary widely, U-M economists predict.

  2. November 19, 2020

    U.S. forecast: Economic growth slowing until vaccine is available

    U-M economists expect a rebound in economic activity, falling unemployment and life returning to “close-to-normal” by the end of next year in the United States as the nation and world recover from the pandemic.

  3. March 19, 2020

    U-M economists: New models see coronavirus-induced recession

    U-M economists now expect a U.S. recession caused by the coronavirus, though a rapidly evolving, uncertain situation makes drawing firm conclusions difficult.

  4. November 22, 2019

    Michigan’s economy weathers a challenging year

    The UAW strike, the trade war and job cuts at Ford and GM all contributed to slow annual growth for Michigan’s economy, but U-M economists foresee sustained growth for 2020 and 2021.

  5. July 15, 2019

    Top research universities to partner with Detroit on economic forecasting

    A U-M unit will lead a partnership with Michigan State and Wayne State universities to provide Detroit-specific economic data analysis and forecasting services to Michigan’s largest city.

  6. November 16, 2018

    State economy poised for record job growth, U-M economists say

    Michigan sits on the brink of its longest period of job growth since the World War II era, U-M economic forecasters say in their annual analysis of the state’s economy.

  7. November 17, 2017

    Michigan’s economy positioned to withstand NAFTA withdrawal

    The Michigan economy would likely absorb a negative shock related to a pullout or weakening of the North American Free Trade Agreement fairly well, U-M economists say.

  8. November 16, 2017

    U.S. economy grows but no Trump bump yet, U-M economists say

    U-M economists project overall economic output growth will rise from an average of 1.5 percent last year to 2.2 percent during 2017, 2.5 percent in 2018 and 2.1 percent in 2019.