Early 2016 Indicators Point to Trying Times for U.S. Economy, According to Latest Northwood University Report

University's Monthly Economic Outlook examines key factors dragging down recovery and growth

Jan 25, 2016, 15:15 ET from Northwood University

MIDLAND, Mich., Jan. 25, 2016 /PRNewswire/ -- The U.S. economy continues to face trying times, thanks to a difficult job market, trailing GDP growth, increased government spending, rising national debt and high corporate tax rates.

As Michigan economist Timothy G. Nash sees it, the majority of Americans are "disappointed and concerned" with the U.S. economy's performance over the past 10 years.

Nash, senior vice president of corporate and strategic alliances and director of The McNair Center for the Advancement of Free Enterprise and Entrepreneurship at Northwood University in Midland, Michigan, examines both the challenges shaping the U.S. economy, as well as those in the global marketplace, in the most recent edition of the Northwood University Monthly Economic Outlook, available at the university's virtual Free Market Library.

"Americans desire a return to long-term stable economic growth and investment returns," Nash says. "Washington must address these issues with solid, bipartisan reform. If not, long-term confidence will not return to America. Most Americans are worried the economic uncertainty we have faced will continue. They don't see a way out of these trying times we face here in the United States and abroad."

For a more in-depth look at Nash's view on global economic challenges and the latest economic indicators both internationally and in the United States, including job growth, interest rates and labor statistics, download the Northwood University Economic Outlook January 2016.

For more information on Northwood University, visit www.northwood.edu, or call 800.622.9000.

Northwood University is committed to the most personal attention to prepare students for success in their careers and in their communities; it promotes critical thinking skills, personal effectiveness, and the importance of ethics, individual freedom and responsibility.

Private, nonprofit, and accredited, Northwood University specializes in managerial and entrepreneurial education at a full-service, residential campus located in mid-Michigan. Adult Degree Programs are available in seven states with many course delivery options including online. The DeVos Graduate School offers day, evening, and weekend programming in Michigan and Texas. The Michigan-based Alden B. Dow Center for Creativity and Enterprise provides system-wide expertise in family enterprise, entrepreneurship, creativity and innovation, and new business development. International education is offered through study abroad and in Program Centers in Switzerland, China (Changchun and Wuxi), Malaysia and Sri Lanka.     

For additional information regarding Northwood University, go to www.northwood.edu.

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