The industry has faced drastic price drops since a 2021 peak.
Business Watch
Covering the intersection of business and policy, and informing Michigan employers and workers on the long road back from coronavirus. Our Michigan Economic Dashboard shows key metrics that show how the state is performing.
Posted inBusiness Watch
See how Marquette has changed in photos. Send Bridge your photos of the city
Marquette is changing fast. Check out these then-and-now photos chronicling the differences and send us photos of the city.
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Marquette to tourists: We love you. We need you. But learn some respect
Overrun by visitors, the city stops marketing some of its most famous attractions and launches an etiquette campaign. ‘We have a love-hate relationship with the tourism industry,’ one Marquette official says.
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In bustling Marquette, tensions grow amid $1M condos, influx of new residents
Growth and change has come fast to the Upper Peninsula’s biggest city, along with a new rallying cry: ‘Don’t Traverse City my Marquette.”
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Michigan per-capita income lags again; ‘it’s the lowest we’ve ever been’
Michigan is mired at 39th among states in income, continuing a long decline after once being among the top 10 in states, new data shows.
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USDA awards $2 million in grants to help Michigan farms grow specialty crops
The U.S. Department of Agriculture awarded $2 million to Michigan farmers who cultivate specialty crops.
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Disaster relief loans available for cherry farmers in 11 Michigan counties
Michigan’s cherry growers impacted by a mild winter, early spring and heavy rainfall prompted the U.S. Department of Agriculture to declare 11 counties natural or contiguous disaster areas.
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Universities must work together to keep graduates in Michigan, leaders say
Universities have an obligation to help create jobs to ensure students stay in Michigan, U-M President Santa Ono told a gathering at the Detroit Economic Club.
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Poll: EV politics could cost Michigan its auto industry
Political differences over EVs could threaten Michigan’s economic future, a new poll suggests, with nearly half of residents willing to cede the state’s leadership in auto manufacturing.
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Michigan organizations providing aid as Hurricane Milton approaches Florida
Volunteers from the Red Cross and DTE are heading to Florida to assist with disaster relief as Hurricane Milton approaches the mainland. The storm is expected to arrive Thursday and cause catastrophic damage.