Associate Professor of Economics at NMU says part of it can be attributed to the falling per capita income.
MARQUETTE -- The State of Michigan has an uncertain economic future. That's according to an article in The Economist, an international publication.
Last week's issue talked about how the Michigan economy is struggling.
Associate Professor of Economics at NMU, Dr. Tawni Ferrarini, says part of it can be attributed to the falling per capita income.
"For the U.P., it means that we need to be concerned; there's probably going to be more jobs lost and or replaced and we also have to be concerned about what's happening to our state's general fund, as we all know they're shrinking, and of course that's going to affect anyone who depends on state funds," said Ferrarini.
Ferrarini also says that stresses in Detroit, such as problems with the manufacturing and automobile industry, bring down the numbers for the rest of the state.
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