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Wednesday, 05 February 2014 12:41

Report: West Michigan's economy shows sustainable slow growth

Written by  MiBiz Staff
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West Michigan’s economy recorded “sustainable slow growth” during January, according to the monthly survey of industrial purchasing managers by economist Brian Long.

Two key activity indexes from the survey, employment and sales, both improved from December to January, while indexes for purchases and production each dipped but remained well in positive territory.

“For industrial distributors, it was ‘steady as she goes.’ Overall, we have numerous local factories at full capacity, and we still have firms looking for qualified people to fill positions,” Long, the director of supply chain management research at Grand Valley State University’s Seidman College of Business, wrote in his monthly report.

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