November 17, 2022
U-M economists predict a mild U.S. recession is likely in store to whip inflation, though there’s hope the strength of the automotive sector will shield Michigan from the worst effects of that potential downturn.
November 19, 2021
Michigan’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.
November 18, 2021
The U.S. job market has been recovering despite pandemic waves, inflation woes and supply chain strains, yet those and other barriers could threaten broad, sustained economic momentum.
November 20, 2020
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.
November 19, 2020
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.
March 19, 2020
U-M economists now expect a U.S. recession caused by the coronavirus, though a rapidly evolving, uncertain situation makes drawing firm conclusions difficult.
November 22, 2019
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.
July 15, 2019
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.
November 16, 2018
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.
November 17, 2017
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.