What Direction is Detroit Heading?

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I'm a relatively new poster, but have been lurking here for years. I moved from the suburbs to downtown a few years ago and have become a really big Detroit proponent.

However, my historical perspective of Detroit is short. I am well-versed on the city's history, but I am unfamiliar with the direction Detroit has been trending for the past 10 years. Specifically, when I look around, I have noticed many positive things going on and new developments in downtown, midtown, the Riverfront, etc. Obviously, through my limited perspective, those improvements would have me believing that things are trending up, but is the city actually sinking faster than it is rising? I can't tell because I haven't been here long enough to see the effect of those changes.

So the question for those of you have been tracking Detroit's changes for the past 5-10 years, what direction do you think it is heading?

Edit: And, if Detroit is trending up or down, do you see that trend continuing, staying stagnant, or reversing?