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EconDev2018

David EislerElection years can be years of inaction as politicians are focused more on running for office and posturing for votes than on actual governing.

Some of the best business lessons come from making mistakes. Others come from recognizing prior bad experiences or maturing as a manager or as a company.

Don’t believe the Mayans

Written by | Tuesday, 10 January 2012 10:14 |

Happy 2012. While the Mayans are predicting really bad things for this year, we’re actually pretty bullish on the economy and opportunities for growth over the next 357 days.  Maybe it’s because we’ve been listening to local executives, economists and business owners rather than consulting a 5,125-year calendar. Whatever the reason, we’re glad to be off and running with our first edition of the New Year.

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.

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