The Michigan Economic Outlook for 2024

The Michigan Economic Outlook for 2024–2026

Our forecast for Michigan's economy follows those same contours, with job growth slowing substantially, yet staying in positive territory on an ...

The U.S. Economic Outlook for 2024–2026 - University of Michigan

Outside of the labor market, the economy is looking resilient. The annualized pace of real GDP growth averaged 2.1 percent in 2024H1, and the ...

Projection: Michigan economy lags through 2024, strengthens in ...

Economists at the University of Michigan issued an economic outlook for 2024-2026 this week. It indicated that a loss of jobs and an increase in ...

Economic Outlook and Revenue Estimates for Michigan

Inflation will continue its downward trend, declining to 2.7% in CY 2024, 2.2% in CY 2025, and 2.3% in. CY 2026. Michigan's economy and state ...

Michigan's Economic Outlook and Budget Review - May 16, 2024

The Michigan unemployment rate, which averaged 3.9% in 2023, is predicted to increase to 4.3% in 2024, 4.4% in 2025, and 4.6% in 2026. In ...

Revenue and Economic Forecasts

Economic and Revenue Forecasts for Fiscal Years 2024, 2025 and 2026. Economic Outlook and Revenue Estimates for Michigan FY 2023-24 Through FY 2025-26 January ...

U-M forecast paints two distinct pictures for Michigan's economy

The U-M economists, though, predict a period of slower national growth ahead and their forecast shows Michigan's economy following a similar ...

Economic and Revenue Outlook - Michigan Senate Fiscal Agency

3.2 percent in 2024, rise 2.7 percent in 2025, and increase 2.6 percent in 2026. Michigan Economic Outlook. • In 2022, Michigan wage and salary ...

Michigan's Economic Outlook Remains Cautiously Optimistic ...

Michigan's construction industry, for example, has added 14,700 jobs in the first two quarters of 2024 despite high mortgage rates. The authors ...

2024 Michigan State Economic Outlook - Comerica Bank

Michigan's economy is anticipated to grow by 1.4% in 2024, slightly below last year's growth, and in line with national economic growth.

Revenue Forecasts - MSBO

CREC Executive Summary – Economic and Revenue Forecasts Fiscal Years 2024, 2025, and 2026 (Posted 5/17/24); RSQE – US and Michigan Outlook for 2024-2026 (Posted ...

Livingston County Economic Development Council Unveils Positive ...

Job growth is expected to exceed pre-pandemic levels by 5.6% by the end of 2026, compared to a 2.9% increase for Michigan. The county's ...

Economic forecasters project job growth for Washtenaw County ...

Job growth in Washtenaw County is projected to outpace the state through 2026 in a “decidedly healthy” outlook, according to the 2024-2026 Washtenaw County ...

City of Detroit reports revised revenue estimates for Fiscal Years ...

Economic recovery for Detroit continued through late 2023 and early 2024 despite high interest rates and workers' strikes in three major ...

2024 Michigan Economic Outlook

Hilary Doe - Chief Growth Officer, State of Michigan Quentin L. Messer, Jr. - CEO, Michigan Economic Development Corporation Gabriel Ehrlich - Director of ...

Economic Outlook | Oakland County, MI

Oakland County Economic Outlook Report 2024-2026. Contact Info. Economic ... Michigan Economic Development Corporation (MEDC), People Driven Technology

Washtenaw County - Economic Outlook