Economists call for job gains, much lower unemployment in Detroit region

Area economists are backing a much rosier economic outlook for southeast Michigan. Excerpt: "The seven-county region of Genesee, Lapeer, Livingston, Macomb, Oakland, St. Clair and Shiawassee will gain more than 76,000 jobs this year through 2015, say University of Michigan economists…. Fulton and Grimes say that the job growth is accompanied by slowly declining unemployment and relatively tame price inflation. The unemployment rate in the region, which has improved each year since 2009, will continue to drop from last year's 9.4 percent clip to 9.1 percent this year, 8.3 percent next year and 7.3 percent in 2015. Inflation will hover around 2 percent or less throughout the forecast horizon." More here.