The planned $2 billion New International Trade Crossing bridge linking Detroit and Windsor is the largest proposed infrastructure project in Michigan — and one of the 100 largest in North America. A list of the top 100 proposed infrastructure projects in North America, including Canada and Mexico, was recently released by CG/LA Infrastructure Inc., a […]
Rick Haglund
Rick Haglund has had a distinguished career covering Michigan business, economics and government at newspapers throughout the state. Most recently, at Booth Newspapers he wrote a statewide business column and was one of only three such columnists in Michigan. He also covered the auto industry and Michigan’s economy extensively.
Posted inMichigan Government
Special-interest money floods ballot-measure efforts
Voters could see as many as seven proposals to amend the Michigan Constitution or state law on this November’s ballot – or none at all. Bureaucratic and legal reviews continue of the various proposals. Regardless of how they play out, though, Michigan has seen an unprecedented surge of spending to collect signatures and advance ideas […]
Posted inMichigan Government
Streetcars for Detroit’s Woodward Ave. are just two years away, advocate says
Streetcars disappeared from Detroit decades ago, but a group of prominent business and philanthropic leaders are trying to build a modern version of the once-popular transit system. Auto racing legend Roger Penske, Quicken Loans founder Dan Gilbert, the Kresge Foundation and others have raised nearly $100 million for a proposed streetcar system running along Woodward […]
Posted inMichigan Government
Henry Ford CEO says higher pay is only way to attract primary-care doctors
Nancy Schlichting, chief executive officer of the Henry Ford Health System, which handles $4.2 billion in revenues, says there are no easy answers in addressing the projected shortage of physicians in Michigan, particularly primary care physicians. Health care economics also likely will dictate the end of small, independent community hospitals, she said. Those hospitals will […]
Posted inBusiness Watch
On tax tactics, Snyder picks 'all of the above'
During his campaign for governor in 2010, Gov. Rick Snyder said he would focus on tax cuts and end tax incentives in trying to attract jobs and business investment to Michigan. Snyder and the Republican-controlled Legislature delivered on the tax cuts, trimming business taxes by $1.7 billion. But although he ended former Gov. Jennifer Granholm’s […]
Posted inBusiness Watch
Broad tax cuts won't propel Michigan to prosperity, says economist
George Erickcek, a senior regional economist at the Upjohn Institute for Employment Research in Kalamazoo, says Michigan might encourage more new investment by offering targeted tax credits on new manufacturing equipment rather than eliminating the personal property tax. Erickcek also says Michigan’s new 6 percent Corporate Income Tax might leave the state strapped for tax […]
Posted inBusiness Watch
Michigan's venture capitalists step up to start-ups
If Michigan’s economy is to become more innovative and entrepreneurial, as Gov. Rick Snyder says it must, then it will need more start-up companies like 3D Biomatrix in Ann Arbor. The company, spun out of research at the University of Michigan, produces three-dimensional cell culture plates used in medical research. Its products could lead to […]
Posted inBusiness Watch
Not much above par on Michigan's scorecard
Gov. Rick Snyder campaigned for the state’s top elected office in 2010 with a promise to “reinvent” Michigan. The Center for Michigan’s 2012 Michigan Scorecard, compiled in partnership with Data Driven Detroit, shows there’s still plenty of reinventing to do. Although Michigan’s economy has performed a U-turn from a decade of job losses, most other […]
Posted inBusiness Watch
State's exports lift economy as they leave
One of the biggest — and largely unheralded — signs of Michigan’s economic recovery is the state’s impressive jump in exports. The 2012 Michigan Scorecard ranked exporting as “good,” up from “average” in 2010. But the state’s performance in selling Michigan-made goods around the world has improved even more since the 2012 Scorecard data was […]
Posted inQuality of Life
Poverty rises even as economy turns
One trend belies the notion that a rising economy lifts all boats: Michigan’s growing poverty rate. Michigan’s economy bottomed out near the end of 2009, and employment and incomes have been creeping upward ever since. But so has poverty. The share of Michigan residents living in poverty jumped from 13.5 percent in 2009 to 16.8 percent […]