SR IN THE NEWS: “Michigan’s economy: Tough times offer some lessons for businesses”
BY KATHERINE YUNG
DETROIT FREE PRESS BUSINESS WRITER
With Michigan’s ailing economy showing signs of a recovery, many businesses in the state are breathing easier. But the Great Recession won’t soon be forgotten.
Just as consumers are spending less and saving more, most companies are operating more efficiently.
Some have learned the importance of diversifying into new areas. Above all, the tough times have taught many firms valuable businesslessons.
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