U.S. and Michigan Economic Outlooks
May 23, 2019
Presented by Paul Traub
While U.S. economic growth is expected to remain slightly above its potential for 2019, forecasters are now predicting economic growth to fall below 2.0% for 2020. Like the U.S. economy, light vehicle sales, a strong indication of Michigan’s economic health, are projected to continue to slow through the end of the year. Paul Traub discusses what these forecasts mean for the economies of the U.S. and Michigan.