University of Michigan Forecast: Michigan Economy Recovering But Nagging Inflation, Supply Strains Remain Concerns
November 20, 2021
November 20, 2021
ANN ARBOR, Michigan, Nov. 20 (TNSRes) -- The University of Michigan issued the following news release:
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.
Job growth has been healthy this year and is expected to continue over the next two years, and personal incomes also are forecast to rise after large . . .
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.
Job growth has been healthy this year and is expected to continue over the next two years, and personal incomes also are forecast to rise after large . . .