Regional Economic Forecast will help local leaders plan for the future

The five-county Economic Growth Alliance is sponsoring the first-of-its-kind Regional Forecast, which will give local businesses, educators and government leaders an economic snapshot that can help them plan for the future.

The event is set for 8:30 a.m. on Sept. 30 at Genesys Banquet and Conference Center in Grand Blanc. Admission is free but those interested in attending must RSVP at waxlerh@oakgov.com by Sept. 27 to reserve a seat. A continental breakfast will be served.

The Regional Forecast is modeled after Oakland County’s annual Economic Outlook Forecast and is being presented by Dr. George Fulton and Don Grimes of the University of Michigan’s Institute for Research on Labor, Employment and the Economy.

The forecast will give attendees a sense as to where the regional economy is heading and job prospects for the future.

“Have we hit the bottom, are we on the way up and if so, what can we expect,” Fulton said. “That will be the main focal point.”

The Economic Growth Alliance was formed in 2009 and meets quarterly to discuss joint opportunities for economic growth and diversification.

“The Economic Growth Alliance was created to share economic development tools and we’ve found this to be one of the most important tools Oakland County has in economic development,” Deputy Oakland County Executive Doug Smith said.