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Michigan businesses are less optimistic about revenue and profit increases due to tariffs and inflation.

The top concerns for Michigan businesses include talent shortages, inflation, customer acquisition, and government regulation.

While tariffs have negatively impacted some businesses, they have also created opportunities for others, such as increased demand for U.S.-based manufacturing.

In 16 years of surveying companies in Michigan to see how they are doing and thoughts about the economic road ahead, Chris Holman, CEO of Michigan Business Network, has never seen the kinds of responses received in the latest poll.

“We have never seen less enthusiasm by business owners for expecting increases in their revenue or profits this year because of tariffs and inflation,”

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