Stay updated with breaking news from Gabriel Ehrlich. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Over the next several years, Detroit is expected to outperform a slowing national economy and see falling unemployment, rising wages and an expanding labor force. That’s according to a …
Detroit is likely to experience falling unemployment, rising wages and an expanding labor force in the years ahead despite a slowing national economy and the lingering risk of a recession in the near term.
The Detroit Economic Club event included the unveiling of a Michigan Economic Outlook forecast for 2024.
The state’s top financial experts and economic forecasters had mostly good news for Michigan heading into the new year, predicting a $418 million surplus for the current fiscal year and a relatively stable economy.
As climate factors bring a warmer winter to Michigan, the state sees long-standing skiing and dog sled racing traditions at risk.