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Is Michigan`s Economic Situation On The Rise

 
Is Michigan`s Economic Situation On The Rise
Posted April 24th, 2014 @ 4:08am by Michigan Radio Network

A business leaders organization in Michigan has some good news for the state. It projects growth in both the state and US economies, based on a survey of business leaders.

The Business Leaders for Michigan (BLM), which bills itself as the state's business roundtable, also believes the state's economic growth will continue to outpace the U-S growth. BLM C-E-O Doug Rothwell says the good news with the survey is that "Michigan's largest employers continue to be much more optimistic about Michigan’s short- and long-term economic prospects than they were a couple of years ago.

He adds that employees continue to be bullish on the state's prospects and "more than half of Business Leaders for Michigan companies are forecasting increased investment in Michigan over the next six months."

Specifically, more than half of business leaders believe the state's economy will grow but only 34 percent believe the U-S economy will grow in the next six months.

And no one is predicting the economy will worsen. When asked about the next 18 months, 71 percent believe the state's economy will grow compared to only 46-percent of them forecasting growth in the U-S economy.

Also, 54-percent project their companies will add jobs in the next six months.

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