Tariffs are prompting a historic clockmaker and furniture company to close down in west Michigan, home of a former congressional critic now selling President Trump’s policy on the international stage.
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
West Michigan has economic momentum, but sees signs of slowdown
The Grand Rapids region saw population gains slow and jobs flatline, but it remains a leader in the state and nation on several key economic metrics.
Posted inBusiness Watch
Lawmaker: Stop demoing houses on Genesee County megasite without a deal
Michigan budgeted up to $31.6 million to clear land it bought for a megasite, in part by tearing down houses. One lawmaker says that’s a waste.
Posted inBusiness Watch
Battle Creek faces life after Cereal City following Kellogg sale
The WK Kellogg Co. has been bought by an Italian candy maker, and some worry about what that means for the future of the Cereal City.
Posted inBusiness Watch
Michigan farm values growing faster than nation amid data center boom
Michigan led the US in farmland price increases last year, rising 7.8% compared to 4.3% nationally. Demand is rising along with development.
Posted inBusiness Watch
Beloved Detroit sweet potato bakery perseveres after death of patriarch
This holiday, one family member is noticeably absent from the hustle and bustle of the daily operations, the cofounder known as ‘Mr. Sweet Potato Sensations.’
Posted inBusiness Watch
Detroit OKs $5.6M in tax breaks for two new sports facilities
The two projects, valued at nearly $300 million when combined, reflect successes and limitations of the city’s community benefits process.
Posted inBusiness Watch
Michigan stores offer Thanksgiving savings despite paying more for turkeys
Bird flu and another disease have shrunk the US turkey population to a 40-year low this year. Wholesale turkey prices are expected to be up more than 40% as a result. But many grocers are offering discounted or even free turkeys to get customers in the door.
Posted inBusiness Watch
Report: Aging crisis to cause Michigan to lose out on economic boom
A new University of Michigan economic report warns that the ‘long-term future has now arrived’ for the state, causing it to lose out on jobs from a national economic uptick.
Posted inBusiness Watch
Next Michigan governor needs ‘laser focus’ on prosperity, biz group says
Michigan needs a strong and unifying governor to change its alarming trajectory, Business Leaders for Michigan says.