Economic and Business Outlook


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9:00 – 9:05 a.m. Welcome Free Virtual Event

9:05 – 9:45 a.m. Michigan 2023: An Economic and Business Outlook

The expansion that followed the “great recession” is approaching its tenth birthday. While the first five years were fixated with reaching “normalcy”, the focus has shifted to concern over whether the maturing of the expansion is setting the stage for a recession.

In this session, Dr. Roger Tutterow provides a timely overview of the national, regional and your state economy. Special emphasis will be placed on evidence of resurgence in the manufacturing sector, the outlook for consumer spending and the retail sector, the role of currency valuation on the balance of trade, the ongoing normalization of interest rates and monetary policy, performance of real estate markets and the implications of ongoing changes in the political and regulatory climate for the financial services industry.

9:45 – 10:30 a.m. Business Pain Points: Are Solutions on the Horizon?

Historic inflation. Workforce shortages. Supply chain chaos. Rising energy costs. Fast-changing and emerging technologies. Re-imaging workplace settings and adapting to evolving employee preferences. Signs of a looming recession. These are just some of the pressing issues facing Michigan businesses. This panel discussion will examine the key data and trendlines on these top challenges and explore how organizations can work through them to harness opportunities and find continued success. 

10:30 – 10:55 a.m. Building Michigan’s Economic Future

Quentin L. Messer, Jr., Chief Executive & Economic Competitiveness Officer - Chair, Michigan Strategic Fund

11:00 a.m. Adjourn

Presented by the Michigan Chamber of Commerce and Michigan Bankers Association. Contact Stephanie Fisher for sponsor opportunities.