Across the board optimism is one way to describe the feeling purchasing managers across West Michigan are feeling these days.
“I don’t believe there’s any one segment we can credit with this.”
Brian G. Long, is director of Supply Management Research in the Seidman College of Business at Grand Valley State University. His February survey indicates most companies are experiencing increased orders higher
“This is one of our best looking reports.”
It’s a far cry from January’s lackluster performance. Since then West Michigan’s office furniture industry has been holding its own and auto parts suppliers continue to see gains. But can the positive vibe last now that the “sequester” has kicked in? Certainly cutting $85 billion from federal government spending will have an effect on the local economy?
“It’s a concern to some people particularly in the military areas, but this is not a military state.”
The sequester cuts $40 billion in military funding. Long is more concerned about his March survey taken at the end of the month when the resolution to fund the federal government expires.
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