bg-header-wemu-rs.jpg
Serving Ypsilanti, Ann Arbor and Washtenaw County, MI
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Washtenaw County's post-COVID economic outlook looks positive

20220324_133419.jpg
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.

Non-commercial, fact based reporting is made possible by your financial support.  Make your donation to WEMU today to keep your community NPR station thriving.

Like 89.1 WEMU on Facebook and follow us on Twitter

Contact WEMU News at 734.487.3363 or email us at studio@wemu.org

Taylor Pinson is a WEMU news reporter and engineer during WEMU's broadcast of NPR's All Things Considered.
Taylor Pinson is a WEMU news reporter and engineer during WEMU's broadcast of NPR's All Things Considered.
Related Content