Economic Forecast: Growth Expected Sooner for US and Later for Michigan, Which Is Sensitive to Tariffs

Despite the effects of tariffs, rising unemployment, and concerns about the long-term sustainability of the nation’s fiscal path, the United States economy is expected to grow modestly over the next several quarters. Michigan’s economy, however, tells a different story. In this research spotlight from Michigan News, U-M economists share their outlook on the specific challenges facing Michigan, including the impact of tariffs on the auto industry.