Thursday, April 1, 2010

Fed: Michigan Economy Grew Faster Than Rest of Nation

Economists have been telling us that the nation's economy stopped getting smaller and started growing again last July. And the conventional wisdom has been that Michigan is behind the rest of the nation in recovering.

But the Philadelphia Federal Reserve has released a map showing economic growth by states over the last three months.

And it shows Michigan led the nation in economic growth, with economic activity growing at a rate of more than 1 percent -- the only state in the nation with that high of a growth rate.

Not the end of our troubles, but better than a poke in the eye with a sharp stick.

1 comment:

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