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business1d ago
Michigan’s economy hits growth pause, report finds
- Michigan’s economy has hit a growth pause according to a University of Michigan forecast.
- Economists expect some pickup in 2027, despite the current slowdown.
- UM economist Gabe Ehrlich discussed the reasons for the growth pause on Local 4 Live.
- The report emphasizes the absence of an imminent U.S. recession over the next two years.
- Local coverage includes the full interview available at the article's start.
- The report is part of Detroit's Local 4 coverage on economic trends.
- The story references expert commentary from Local 4 Live broadcasts.
- The article notes the outlook could improve in 2027.
- There is no immediate recession forecast for the United States.
- The piece highlights the overall outlook on Michigan from UM’s economic forecast.
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