News 12 covered several area companies who have announced layoffs. They spoke to CRER director and chief economist Howard Wall about them.
“Our prospects over the recent past has been downgraded. We really haven’t been growing as we thought, we’ve been kind of been slowly shrinking our employment for about a year and a half, and I think it’s part of that and a big chunk of it is because the auto industry itself has not done well for the last two years.”