U-M Economists Expect ‘Mild Recession,’ Though Auto Sector Strength Should Curb Worst Effects in Michigan

November 17, 2022


Read time:

5-15 mins
Financial Graph On Technology Abstract Background
Presented by Michigan News

University of Michigan economists say inflation is a crucial driver of their annual U.S. Economic Outlook report, which leads them to believe that a mild recession is in store, but Michigan should fair all right due to the strength of the auto industry. U-M economists believe that rising inflation trends will continue through 2023 and that a mild recession will be the force to combat the rise.

More from the Alumni Education Gateway
Join the Alumni Education Gateway Email List​
We use cookies to ensure you get the best experience on our website. By using this site, you accept our use of cookies.