New economic reports show that Michigan’s economy is experiencing flat or minimal growth. the Federal Reserve Bank of Chicago, in its updated Midwest Economy Index released today, said Michigan’s economy grew slightly last month. The state saw modest growth in manufacturing, construction and services — with consumer spending flat — pushing the Chicago Fed index …
Reports show minimal growth for Michigan economy Read More »
Those happy with Michigan’s recovery from the Great Recession like to proclaim that we are in the Top 10 again. Governor Rick Snyder said so a few days ago during a speech at the State of the State event in the Detroit Regional Chamber. “We’re back,†an upbeat Snyder told his audience at the chamber …
Michigan’s economy in the Top 10? Depends on the metric you are using Read More »
Michigan is all about manufacturing, farming, and tourism, isn’t it? Think again. A close look at Michigan’s 14 metropolitan areas offers many surprises, including the growth of mining in Southeast Michigan, construction in Kalamazoo, and information technology in Ann Arbor. Here are 10 things you might not know about Michigan’s economy. Related: Michigan’s economy is …
Ten Things That May Surprise You About Michigan’s Economy Read More »
Michigan’s 33 venture capital firms estimate that the funds needed for new investments, coupled with the need for follow-on funding for their 141 Michigan-based startups, exceeds what is currently available, reflecting the need for additional funds to help Michigan’s many venture capital backed companies. businesses succeed. With considerable business development in the entrepreneurial community, having …
Attracting out-of-state capital is critical to Michigan’s economy Read More »
The major challenge of our time is to find how to reverse what is called the Great Decoupling. Where even when the economy is growing, as has been the case in Michigan since the end of the Great Recession, only those at the top are benefiting from that growth. To meet this challenge, state economic …
Michigan’s economy is down. And neither side offers real solutions. Read More »
Elizabeth Lamb can sing her ABCs and can write her name. The 4-year-old can complete a 100-piece jigsaw puzzle, whereas a few months ago she was still playing with 8-piece puzzles and large blocks. Elizabeth spends her days in a classroom with other 4-year-olds at Indian Lake Elementary in Vicksburg, a few miles south of …
How a Michigan community is benefiting from preschool expansion Read More »
Mason, 58 years old, was confirmed this month as CEO of MEDC by the agency’s executive committee, headed by Rothwell, who also held the post. Mason worked for the MEDC under two governors from 1999 to 2009, notably as Senior Vice President of Business Development. Bridge/ Crain’s recently spoke with Mason about his vision for …
Q&A: New MEDC chief proposes plan for Michigan economy Read More »
A new report from rating agency Moody’s indicates that Michigan is one of the most vulnerable states if the United States withdraws from the North American Free Trade Agreement (NAFTA). The report indicates that Michigan, Texas, Vermont and North Dakota are most at risk of NAFTA withdrawal. According to the report, exports to NAFTA partners …
Michigan economy threatened by end of NAFTA, report says Read More »
