Michigan's economic pain won't go away for a long time, according to report
March 31, 2007
The state of Michigan is in an economic slide that's threatening the Great Lakes State with the pain of economic recession for a long time to come. In the past, the economic pain has been part of a cycle where the auto industry would be up and down.
That's not the case anymore, according to a study by the Southeast Michigan Council of Governments. With the death march of the domestic car companies, the state has to reinvent itself, according to the research. A story from yesterday's Detroit News provides details.
Technorati Tags: Michigan, economy, auto industry, General Motors, Ford, Chrysler, jobs
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