New Report Says Michigan's Economic Recovery is Years Away ANN ARBOR, MI (Michigan Radio) - The report by the Pew Center on the States points to several reasons why Michigan's economy won't recover anytime soon.

It says the state has been slow to diversify its economy, it hasn't updated its tax code, and it's using temporary solutions to resolve budget gaps.

Sue Urahn is managing director of the Pew Center on the States. She says it's going to take a long before Michigan gets better:

"Even if Michigan began growing immediately at the rapid rate it did in the 1990s, it still would take until 2025 or 2030 before it replaced all the jobs that were lost this decade."

Michigan will have lost more than a million jobs by the end of this decade. Urahn says that while no state is as fiscally bad off as California, Michigan and the 9 other states listed in the Pew report are getting close.

Contact Jennifer Guerra at guerraj@umich.edu

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