The West Michigan economy has been stuck in a slow growth pattern. The economic data from the month of May’s Supply Management Research survey indicates the local economy has turned to “flat growth.”
May was a rough month for U.S. auto sales. General Motors sales fell 18 percent and Ford dropped six percent from a year earlier. Domestic and foreign automakers experienced declines.
Brian G. Long, director of Supply Management Research in the Seidman College of Business at Grand Valley State University tells us the May auto report has turned West Michigan’s economy flat.