Michigan on slow ride to recovery - economic forecast

Newswire

CHICAGO, Nov 20 (Reuters) - Michigan's prospects for an economic turnaround have improved but the pace of that improvement will be slow, according to a University of Michigan economic forecast released on Friday. George Fulton, director of the university's Research Seminar in Quantitative Economics, said the state's economy "is in a more encouraging position now than it was at the beginning of 2009." He pointed to the toll the economic recession has taken on Michigan's crucial automotive ...

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