The Lucy Ann Lance Show

Paula Gardner ~ State of Michigan's Economy


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November 26, 2024 ~ Lucy Ann Lance talks with Paula Gardner, Business Editor, Bridge Michigan. The state ranks below average in growth and prosperity due to factors like low business creation, high poverty rates, and stagnant household income. Population loss and potential tariffs on goods from Mexico and Canada, proposed by President-elect Trump, could further strain the economy. These tariffs might lead to higher consumer prices, impacting Michigan’s auto industry, which relies on parts and vehicles from these countries.
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The Lucy Ann Lance ShowBy Cumulus Media Detroit