MLive: Bank chief sees 2012 as pivotal year

No one knows if more economic stimulus efforts by the federal government will be a benefit to the economy, but Comerica Bank's chief economist is optimistic, reports MLive.com.

Robert A. Dye, senior vice president and chief economist for Comerica Bank told a breakfast gathering at the Kalamazoo Country Club that his sense is that 2012 is a pivotal year.

Excerpt:

"My sense is that by the end of 2012 we will feel more optimistic about the economy and we start to feel like we are transitioning from a weak expansion to a self-sustaining economic recovery," he said.

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Source: MLive.com