Michigan won’t bounce back from COVID-19 recession until after 2022

The recession caused by the COVID-19 outbreak in Michigan is “as bad or worse than” the Great Recession from 2007 to 2009, according to state Budget Director Chris Kolb, but Michigan will be able to weather the storm with sufficient support from the federal government. State fiscal analysts and top economists from the University of … Continue reading Michigan won’t bounce back from COVID-19 recession until after 2022