Two Michaels (or Mikes in the less formal approach) combine to offer an interesting and refreshing take on our current economic status. Michael Snyder, principal of The MEK Group (a business development consulting firm), also writes a weekly column for MidwestBusiness.com. Michael Hicks, the director of Ball State’s Center for Business & Economic Research, is a leading state economist.
In an interview with Snyder, Hicks presents an uplifting — but still realistic — view of the downturn and the prospects for when the turnaround will occur. Some economic indicators are starting to turn, Hicks says, and an official end to the recession may be closer than what many think. The practical recovery, unfortunately, takes a while longer.
Hicks also offers that the competitive advantage Indiana has built up in recent years will pay strong dividends in the revival phase. Some former Hoosiers with that entrepreneurial spirit might well find it a good time to come back home.
Read the full story. And thanks to both Mikes for their continuing efforts.