On The Cusp Of Growth

There have been many calls over the last five years for a return to growth. They have all been predominantly off the mark.

However, I am willing, finally, to put my own reputation on the line and say that we are within two quarters of actual jobs growth and, perhaps, a sustainable and well needed uptick in manufacturing and services.

It is possible that I am simply being biased here. However, in my own little bubble, I am beginning to see real signs of growth.

Michigan is coming out of a thirty year maelstrom of economic catastrophe. Around the Detroit area, I am seeing revitalization as I cannot remember when. At my own place of work, suddenly, without warning, I’m having competition for parking spots. High end consumer shops are opening selling luxury furniture. Buildings are sprouting up like daisies.

It’s quite possible this is simply a mirage, as I have said. What I’m seeing may be interfering with the big picture. But when Michigan can have positive developments, I think it bodes well for the rest of the country.

Look past the immediacy of the government shutdown and looming debt ceiling. On the horizon there are finally some clear skies. If we can get to the economic prosperity growth cycle, the chatter about earnings misses and economic headwinds could all be left in the dust.