Michigan economy: not as bad as it used to be

Michigan’s fledgling diversified economy is good – but not great – news for the oft-beleaguered state, one economist says, with only 4 percent of the state’s workers employed by automakers or their suppliers. 

Excerpt:

The state’s economy is diversifying and becoming less cyclical, which means it won’t suffer from national recessions as much as it did in previous decades, (Comerica chief economist Dana Johnson) said this morning during an economic forecast meeting held by the Howell Chamber of Commerce in Howell.

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