Michigan’s economy is stronger than expected during a pandemic. Thank the stimulus.
In total, these payments were equivalent to about 8.5% of the state’s annual personal income, or about $ 4,350 per person. Economists estimate that residents spent up to 75 percent of that money, rather than saving it. Michigan consumer spending is now above january levels and above the national average, in large part due to …
Michigan’s economy is stronger than expected during a pandemic. Thank the stimulus. Read More »