ALLENDALE, MI (WTVB) - A glacier may move faster than the region’s current economic growth. So says Dr. Brian Long, Director of Supply Management Research at Grand Valley State University, as he released his monthly business report for West Michigan. In his findings, he admitted no surprises, but “we are still in a slow, gradual, almost boring” growth pattern. Dr. Long believes that the office furniture industry’s improvement will top off, while the automotive sector could follow suit soon, in part because of the dearth of available talent in the job pool. His biggest concern about future economic improvement remains the Europedebt crisis, although high prices in gasoline could have a domino effect on stifling growth. While there is evidence that home prices have stabilized, "we are a long way from the home construction sector making a contribution to the current recovery."
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