Whether the West Michigan manufacturing industry continues on an ongoing growth trend in 2019 or veers into a contraction remains uncertain. Economist Paul Isely, associate dean for undergraduate programs in the Seidman College of Business at Grand Valley State University, uses automotive, furniture, agriculture, and “amazingly nowadays” aerospace manufacturing to find the pulse of where the region’s economy is headed in the coming months and years.
As supply chains adjust to new realities in international trade, West Michigan manufacturers are entering the final months of 2018 with “caution.”
As the manufacturing industry begins to get “its mojo back,” Miles Free thinks danger might lie ahead for the sector, especially if the federal government imposes tariffs on key raw materials.
Even with the underlying uncertainty caused by the presidential election, West Michigan manufacturers remain generally optimistic about the year ahead.