While national business surveys show that a restrictive and uncertain business climate is limiting business growth and economic recovery nationally, many business owners in Michigan believe the state’s recovery is gaining momentum, according to a recent survey of small- and mid-sized businesses.
America’s economy will continue its recovery this year and next as it adds nearly 5 million jobs and unemployment falls below 8 percent, say University of Michigan economists.
Michigan may be lucky to see much of an economic boost from new tax laws that take effect in 2012.
A survey of Michigan Business Leaders find them optimistic about the state’s long-term economic recovery.
A survey of Business Leaders for Michigan, the state’s business roundtable, forecasts continued economic improvement for both the U.S. and Michigan economies over the short and long-term.
The Southeast Michigan Purchasing Managers Index soared to 71.8 in March, a post-recession peak for the economic activity indicator, signaling a strong economic recovery.