Gov. Snyder set to talk about Detroit's economic future

Apr 23, 2012

Gov. Rick Snyder is coming to Detroit to discuss the economic future of Michigan's largest city. Snyder is participating in an event Monday sponsored by Crain's Detroit Business and being held at the Max Fisher music center, home of the Detroit Symphony Orchestra.

Snyder's office says the governor will participate in a "working group session," then deliver public remarks.

Snyder and Detroit officials recently reached a deal that created a joint oversight panel to monitor the city's efforts to close its budget deficit. The panel was a compromise that froze the state's move toward appointment of an emergency financial manager.

Detroit has lost most of its population and jobs over six decades, going from 1.8 million residents in the 1950 U.S. Census to 713,000 in 2010.