Michigan Economic Outlook: Businesses see these challenges in '22

Jordyn Grzelewski
The Detroit News

Inflation, supply-chain disruptions, a tight labor market and uncertainty about the impact of the omicron COVID-19 variant could represent challenges for Michigan's economy this year, but businesses, government agencies and nonprofits in the state have a rosier outlook on 2022 than they did on 2021.

That's according to the results of the 2022 Michigan Economic Outlook survey, now in its 10th year, which the Detroit Economic Club on Thursday unveiled with a virtual panel discussion featuring General Motors Co. chief economist Elaine Buckberg and Michigan Economic Development Corporation CEO Quentin Messer Jr.

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