Regional economic development organization, The Right Place, held its 24th annual Economic Outlook for West Michigan in a virtual venue. A sign of the times with the coronavirus pandemic spurring the 2020 recession. With a vaccine on the horizon, what’s the economic forecast for 2021.
“As we’re able to open up the economy, I think there’s certainly less risk to a continuing recession. Arguably, we were in a recession for a quarter and then we saw growth.”
Jim Robey is Director of Regional Economic Planning Services with the W.E. Upjohn Institute.