BLM 2Q Economic Forecast: In Short- and Long-Term, Job Leaders Think the MI and U.S. Economies will Stay Flat
DETROIT, Mich., July 30, 2015 – According to a survey conducted by Business Leaders for Michigan (BLM), the state’s business roundtable, the majority of Michigan’s largest employers project that the Michigan and U.S. economies will remain flat in the next 6 to 18 months.
“The majority of Michigan’s largest employers believe that the state's economy will remain essentially the same over the next six to eighteen months – and only slightly outpace the nation over the same time period,” said Doug Rothwell, BLM President and CEO. “Recent global conditions in China, Europe and the Middle East are clearly having an impact. But Michigan’s inability to adopt a long-term road solution and talk of dramatically scaling-back economic development have also contributed to a climate of uncertainty.”