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Modest growth seen in West Mich. economy

2:59 PM, Jan 25, 2013   |    comments
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GRAND RAPIDS (WZZM) - A Grand Valley State University economist expects to see modest growth in the West Michigan economy in 2013.

Paul Isely, professor and the chair of economics at GVSU's Seidman College of Business, revealed his forecast Friday morning.  He also said he expects the health-related sectors and manufacturing to see slowing growth.

Isely said 2013 will be much like 2012 with relatively slow growth. "The growth we are experiencing is sustainable but the government is creating uncertainty," said Isely. "People are uncertain about health care, taxes, and federal spending. Until that changes, growth will continue to be slow."

OVERALL FINDINGS FOR 2013:
• 2% employment growth
• 2.5% sales growth
• 5.4% increase in exports

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