The economy took a little dip. Its not expected to be long based on some of the projections by investment firms. We seem to have run into some issues of contraction (See below). I'm not sure what the big problems are nor what all of the solutions might be. What I can say is that I think we need to do more to attract investors in our communities. Foreign and domestic investment can make a difference. If we want to be on top of the world market we have to make our spot on the global supply chain the most lucrative. We also need to be an export oriented and innovative nation. Reuters has a pretty good synopsis of how we are doing economically in the Q1-2022 US Economy Contracts Q12022 Things like less disposable income, lower exports ( I hate this!!!! I just don't know why we struggle with bring back investment and exporting more. 😤 ), lower consumer sales, lower profits and a total of 9 out of 22 industries contract ( Its not to be long term but its a crystal ball issue .). H
A blog on current political issues, civic & business development, research, science, art, Higher Ed. and national development. While topics might vary among the six+ genres it should appeal to those who are interested in exploring the possibilities in new directions. The blog's home is Escanaba Michigan.