rss icon

EconDev2018

Over the next 12 months, Michigan’s and the nation’s economy should continue to improve. Many auto industry companies are making solid profits. They made consolidations and cuts. They should be able to hire more workers in 2012. The housing market may continue to lag. Banks may continue to use tight lending practices. Those factors could hamper the economy. So it is unlikely 2012 will be much better or different from 2011.

The U.S. economy has grown in slow fits and spurts since bottoming out early in 2009, and that trend is likely to continue in 2012. Neither the Federal Reserve nor Washington’s politicians have any magic bullets to juice the economy. Instead, growth will be organic, generated internally by businesses and other employers as they respond to pent-up demand and higher levels of consumer confidence.

By encouraging a dialogue about multicultural inclusion, the Grand Rapids/Kent County Convention & Visitors Bureau wants to tell the world the city is “open” for business for all community groups.

Page 27 of 27

Breaking News

February 2018
S M T W T F S
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 1 2 3

Follow MiBiz