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  1. Vor 5 Tagen · Michigan’s economy is off to a strong start this year and expected to experience steady job growth, low unemployment and progress toward lower inflation over the next two years, according to University of Michigan economists. Meanwhile, the U.S. economy as a whole offers a slightly noisier picture.

  2. Vor 4 Tagen · The team's Michigan forecast said the state will gain about 76,000 jobs in 2024-25 and its jobless rate will hover just below 4%. The economists project Michigan will have 2.4% more jobs by the ...

  3. Vor 5 Tagen · A new report by economists at the University of Michigan in Ann Arbor project about 76,000 job gains in 2024-25, with a jobless rate hovering just below 4 percent (3.8 percent-3.9 percent). The forecast takes Michigan’s payroll job count to 2.4 percent above its pre-pandemic level by the end of 2025 — though it leaves the state 3.2 percent ...

  4. Vor 4 Tagen · Pandemic-related funds resulted in record-setting surpluses for Michigan in recent years, including a $9 billion surplus in 2022, the highest in the state’s history. An $82 billion budget that year spent much of that surplus. State budgets in the coming years are expected to level out as surpluses are projected to remain below $1 billion.

  5. Vor 4 Tagen · "It will take a while longer for inflation to qualify as truly tamed, but so far, both the U.S. and Michigan economies have held up better than we had feared in the face of high interest rates." Ehrlich's co-authors on the Michigan forecast were Jacob Burton and Michael McWilliams. Manaenkov's co-authors on the U.S. forecast were Ehrlich ...

  6. Vor 2 Tagen · View the average 10-year expectation for the inflation rate among market participants, based upon Treasury securities.

  7. Vor 5 Tagen · The breakeven inflation rate represents a measure of expected inflation derived from 5-Year Treasury Constant Maturity Securities (BC_5YEAR) and 5-Year Treasury Inflation-Indexed Constant Maturity Securities (TC_5YEAR).