Page 8 - Gabriel Ehrlich News Today

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. University of Michigan economists say inflation is a key driver of their annual U.S. Economic Outlook repor

A mild recession is likely in store that could tame inflation, though the strength of the auto sector may shield Michigan from the worst.

Inflation — which the Fed is trying to curb with interest rate hikes — was one of the primary factors in the authors U.S. Economic Outlook report.

Some in the U.S. believe a recession already is in the cards in 2023, but there are economists out there who maintain that reasons for optimism remain.

Some in the U.S. believe a recession already is in the cards in 2023, but there are economists out there who maintain that reasons for optimism remain.

Some in the U.S. believe a recession already is in the cards in 2023, but there are economists out there who maintain that reasons for optimism remain.

But the Motor City’s health will depend on more than motor cars | United States

Detroit revised its general fund estimates upward for the current fiscal year at its latest estimating conference Monday.

In Michigan, Janet L. Yellen, the Treasury secretary, said investments made by Democrats would reshape the U.S. economy.

Detroit is expected to recover after facing greater economic challenges during the pandemic than Michigan or the U.S. overall.