University of Michigan: Michigan's Economy Weathers Challenging Year
November 22, 2019
November 22, 2019
ANN ARBOR, Michigan, Nov. 22 -- The University of Michigan issued the following news release:
The Michigan economy turned decidedly chilly this year as the United Auto Workers strike against General Motors, the trade war, and job cuts at Ford and GM all contributed to the slowest annual growth since the Great Recession.
But sustained growth should return for 2020 and 2021, albeit at a modest pace compared with 2017-2018, say University of Michigan economists Gabriel Ehr . . .
The Michigan economy turned decidedly chilly this year as the United Auto Workers strike against General Motors, the trade war, and job cuts at Ford and GM all contributed to the slowest annual growth since the Great Recession.
But sustained growth should return for 2020 and 2021, albeit at a modest pace compared with 2017-2018, say University of Michigan economists Gabriel Ehr . . .