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Washtenaw County's post-COVID economic outlook looks positive

Taylor Pinson
89.1 WEMU
Economists Gabriel Ehrlich (left) and Michael McWilliams (center) discuss economic policy with Washtenaw Community College President Rose Bellanca at the 2022 Washtenaw County Economic Outlook Luncheon.

The Washtenaw Economic Club released its annual forecast Thursday and is expecting steady gains for the next three years.

Michael McWilliams is an economic expert from the University of Michigan and was one of this year’s speakers.

“We see job gains outpacing the state. The county reaching full employment recovery in the second quarter of next year. We have unemployment continuing to decline and going under 3 percent back towards just a bit above where it was before the pandemic.”

McWilliams says inflation will remain a concern in the near-term, especially as gas prices remain high, but he’s optimistic the Federal Reserve will be able to rein it in without undermining the economic recovery.

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