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Latest Economic Outlook predicts slow growth will continue

by
Upjohn Institute Labor Economist George Erickcek.
Upjohn Institute Labor Economist George Erickcek.

KALAMAZOO (WKZO) -- Labor Economist George Erickcek has just released his quarterly review of the economic indicators in west Michigan and says economic success varies from market to market, with some of it sloshing over from one to the other.  He says the pattern we have seen for the last year will continue with slow and steady growth but with employment lagging. 

The Upjohn Insitutute's Quarterly Outlook was published a little later than usual this time because Erickcek says the Government shut down delayed the compilation of data.

He says while Calhoun County is enjoying the fruits of the auto boom because of its parts makers in Fort Custer, a lot of the actual cash is flowing to Kalamazoo where a lot of those workers live and shop.

He says Kalamazoo County is the retail center for the region, and a lot of the spin off jobs from the plants at Fort Custer, Three Rivers and elsewhere are being generated in Kalamazoo County as a result.'

Erickcek says while the markets are divided by sharp lines for purposes of Governmental measurement, there is a lot of ebb and flow between them, and that is harder to quantify. 

 

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