Skip to content
  • Contact Us
Member Login:
Business Leaders for Michigan
  • About
    • Who We Are
    • Our Members
    • Our Staff
    • Affiliate Organizations
  • Compete to Win
  • News
  • Events
  • Contact Us

Business Leaders’ Economic Survey Results: Michigan Still Behind, US Will Soon Improve

Tuesday, Oct 27, 2009
  • News
  • Viewpoints

Business Leaders for Michigan’s quarterly economic outlook survey indicates that Michigan will continue to lag the nation’s economic performance over the next eighteen months, but there is less pessimism than in the 2nd quarter survey.    The survey will be released to the media next week.  The press release & results are attached.  Highlights of the survey include:

  • Most Michigan companies expect to perform better than their sector competitors.
  • Approximately 90% forecast flat or lower employment and capital investment in Michigan in the next 6 months.
  • 100% believe Michigan’s economy will be the same or deteriorate over the next 6 months, but less severely than in the 2nd quarter survey.  95% think the US economy will be the same or get better.
  • 66% think Michigan’s economy will be the same or continue to get worse 18 months from now, while 98% think the US economy will be the same or better.  The Michigan outlook is 21% better than the 2nd quarter survey.

Stay In Touch

Sign up for our newsletter and follow us on your favorite social
media for the latest news and information.

Newsletter Signup

Get the latest news and updates delivered directly to your inbox.

Sign Up

  • About
  • Our Work
  • Michigan’s Road to Top Ten
  • Data & Research
  • News
  • Events
  • Contact
  • Privacy Policy
Copyright © 2023 Business Leaders For Michigan, All Rights Reserved
Site by MINDSCAPE