Economic recovery in MI

Seems there’s hope

California and Michigan, which each suffered some of the worst job losses during the recession, are adding jobs again. California last month had its single best month for job creation in more than two decades.

Comerica Inc. Chief Economist Dana Johnson said Friday: “With its manufacturing sector leading the way, Michigan is repeating the historical pattern of having a stronger recovery than the nation after having a much worse downturn.”    Detroit News

For northern Michigan, it appears to me that the lessening dominance of a downstate auto industry actually helps us, at least in the following way:

After previous recessions, the Michigan recovery started down state then gradually came north. Now, with southeast Michigan in a funk and lacking as much auto-industry dominance, the recovery can actually start on its own in Northwest lower Michigan. We’ll see if I’m right.


About elkrapidslive

More than a lifelong connection to Elk Rapids
This entry was posted in Economy and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s