Michigan's economy enjoyed a good first half of 2015
Michigan’s economy has been improving through the first half of the 2015.
Comerica Bank economist Robert Dye says strong auto sales, improving home values and rising employment have all been a plus.
But Dye warns auto sales may have peaked.
“Numbers for the auto industry are probably not going to get a whole lot better than they are now,” says Dye. “But I think we’ve got some time to go before we start worrying about a possible downturn in U.S. manufacturing.”
In the meantime, Dye says we’re seeing a nice accumulation of wealth going back to the consumer in Michigan.