The Money Farm Team

Is Michigan In A Recession?

The state’s economy is likely to gradually recover from the pandemic-induced downturn, but the speed and extent of recovery will vary greatly, with higher, longer-term losses disproportionately hitting individuals with lower incomes and skills. What is the state of Michigan’s economy like? According to a new Bloomberg opinion piece, Michigan’s economy has placed first among […]

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Is US On Recession?

“There was nothing about the pandemic’s nature that would have precluded it from being the catalyst for a faster downturn.” The quick turnaround we saw was not unavoidable.” Moody’s believes that without strong federal action, GDP would have fallen three times as much in 2020, and the US would have had a double-dip recession in

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