[magellan]

Originally Posted by ehondo670

Uhm, I'm pretty sure the unemployment number is pretty transparent. If there is limited growth & an inordinate amount of money on the market, it eventually leads to severe inflation.

Sorry you don't understand macroeconomics 101

So yes, you didn't read the report?? Or no, you don't understand the request?? Or maybe, you're not sure where you are right now??

This topic is about a particular report comparing economic output of the 50 states over the last 4 months. Please stick to the topic.

[malamute]

I'm glad everything is looking so positive in Michigan. It's about time for very good news.

[MittenDweller82]

Sorry folks but I'm going to be the sour puss in this thread, and while I thought the OP was interesting along with the study, i'm still rather worried about our unemployment rate. I do believe much of this "output" growth is due to increased auto sales, although Michigan is still bleeding more jobs than it is creating, continually choking consumer confidence and spending. If Michigan can get unemployment down below 9% and still show growth characteristics like this, then I'm sold on a turn around, but until that time I choose to stay in my den

[michmoldman]

Originally Posted by MittenDweller82

Sorry folks but I'm going to be the sour puss in this thread, and while I thought the OP was interesting along with the study, i'm still rather worried about our unemployment rate. I do believe much of this "output" growth is due to increased auto sales, although Michigan is still bleeding more jobs than it is creating, continually choking consumer confidence and spending. If Michigan can get unemployment down below 9% and still show growth characteristics like this, then I'm sold on a turn around, but until that time I choose to stay in my den

Its not that all the sudden Michigan has righted the ship, and everything is fine because we all know there is still a TON of work to be done. Right now its about this state being seen in the positive light again, and that is happening. As long as we can continue with that trend, things will get better and better.

[magellan]

Originally Posted by MittenDweller82

Sorry folks but I'm going to be the sour puss in this thread, and while I thought the OP was interesting along with the study, i'm still rather worried about our unemployment rate. I do believe much of this "output" growth is due to increased auto sales, although Michigan is still bleeding more jobs than it is creating, continually choking consumer confidence and spending. If Michigan can get unemployment down below 9% and still show growth characteristics like this, then I'm sold on a turn around, but until that time I choose to stay in my den

Hey, I'm not blowing sunshine and discounting the fact that the state has lost 750,000 jobs since 2000. But at some point, for Michigan to rebound, the job losses and economic shrinkage will plateau and start to turn positive. That has already happened. There's nothing wrong with celebrating small victories, IMHO.

Michigan Economy at a Glance



If you want to see this graph, click on the little green dinosaur in the Labor Force Data section in that link, then be sure to check the little box "include graphs" on the next screen near the years.

[delayed]

What rebound? You should start preparing for the double dip.

[zthatzmanz28]

Are we disappointed. We moved to escape the dying economy and when we saw this...well let's just say when we saw the top 40 strongest economies we were dumbfounded.

Forty Strongest U.S. Metro Economies: Employment and Economic Muscle - BusinessWeek

[kyhockeydad]

While the movie folks are a nice addition, my hopes for a solid recovery are built around manufacturing, agriculture, etc.

Just darned happy to see some positive news!!

Now if we could just get rid of that pesky income tax....

[magellan]

Originally Posted by zthatzmanz28

Are we disappointed. We moved to escape the dying economy and when we saw this...well let's just say when we saw the top 40 strongest economies we were dumbfounded.

Forty Strongest U.S. Metro Economies: Employment and Economic Muscle - BusinessWeek

These magazine rankings are always made up mumbo jumbo, but can you give us a synopsis?

[DuckCommander]

Maybe if everything wasn't made in China we wouldn't be in this economic crises in the first place.

Look for MADE IN USA before you buy!