Economists expect Michigan economy to rapidly improve this year
Credit Sheila Steele / Creative Commons Economists predict Michigan’s economic news should improve rapidly the rest of the year. (See report here.) The University of Michigan’s Research Seminar in Quantitative Economics (RSQE) says the falling number of cases, hospitalizations, and deaths due to COVID-19 plus the vaccinations are good signs. “That’s the public health reason to be optimistic. And then there’s the fiscal policy standpoint, which is, you know, the federal government is injecting a lot of money into the economy,” said Gabe Ehrlich, Director of the RSQE. He says people...