Boom or Bust for the Michigan Economy in 2019?

Boom or Bust for the Michigan Economy in 2019?
January 8, 2019 paperlesslion
Michigan-Great-Lakes-45th-PL

A Detroit Economic Club panel of experts took a probing look at what 2019 holds in store for state workers and businesses on Tuesday, Jan. 8. Detroit Public TV presents a livestream of this provocative presentation, “Boom or Bust for the Michigan Economy in 2019?” at dptv.org.

Michigan’s economic recovery continues with workforce growth and job creation fueling low unemployment rates. But some worry about the impacts of rising interest rates, softening consumer demand for autos, a talent gap and the risk of additional tariffs.

How can the new administration in Lansing continue to help Michigan and Detroit’s economic boom? Our experts tackled these questions and much more at the 2019 Michigan Economic Outlook meeting.

The panelists included:

  • Jeff Mason, CEO,  Michigan Economic Development Corporation, who is charged with implementing and executing MEDC’s core mission of business development and attraction, community development, providing access to capital and improving Michigan’s image and brand.
  • Kevin Johnson, President & CEO, Detroit Economic Growth Corporation, the city’s leading economic development driver. Under his leadership, the organization aims to create 10,000 jobs, open 140 small businesses and secure $3.4 billion of capital investment for the city by 2020.

Moderating the panel was Daniel Howes, columnist and Associate Business Editor of The Detroit News.

Presiding officer of the meeting was Dr. Ora Hirsch Pescovitz, President of Oakland University.

The session also featured the unveiling of the seventh annual Michigan Economic Outlook Survey. This highly collaborative effort involves input from more than 1,000 business people and many associations throughout the state.

Detroit Public TV will be partnering with the Detroit Economic Club to present a special podcast at dptv.org.