Gas prices rise in the spring as refiners conduct maintenance and switch from winter-grade fuel to a more costly and environmentally friendly summer blend.
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
Panel: Michigan needs to act with urgency as population slides
Improving education and increasing the number of residents with degrees will be key to reversing trends that jeopardize the state’s competitiveness.
Posted inBusiness Watch
Can Michigan defuse its population time bomb? See how far we fall short
Almost every state in the nation is growing faster, causing economic hardship for Michigan residents and businesses. State leaders are looking to reverse the trend. If we can’t be Florida, can we at least be Indiana?
Posted inBusiness Watch
Michigan business leaders: ‘We’re a below-average state’ with no quick fix
The state needs to up its economic development game to compete among states that are growing, Business Leaders for Michigan says. Doing so will require setting a long-term education and business development plan.
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What is the debt ceiling and why Michigan should care if the U.S. defaults
Economists are watching how Congress addresses the latest battle over the federal debt limit. A default could prove catastrophic for the economy and for individuals in Michigan and across the country.
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Michigan home values among lowest in U.S. What do they sell for in your ZIP?
New prices show median listing price ahead of only Ohio and West Virginia, but values vary widely by region.
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Marshall weighs $3.5B Ford battery factory amid community backlash
Monday is pivotal for the project, with the city council expected to vote on rezoning that would allow it to proceed. Both supporters and opponents respectively, are being urged to show up at the meeting.
Posted inBusiness Watch
Michigan business leaders mildly hopeful despite lagging GDP, income
The state’s gross domestic product numbers and personal income growth were near the bottom of state rankings for the end of 2022. But business leaders expressed more confidence than they did last year in the economy remaining steady.
Posted inBusiness Watch
Automaker Stellantis offers buyouts to 60 percent of its U.S. workforce
One of Michigan’s largest employers is trying to cut costs as it shifts to EV, which are more expensive to produce. About 33,000 workers, both hourly and salaried, are expected to get the offer.
Posted inBusiness Watch
Michigan eyes new megasite near Flint Bishop airport with $1.5M funding
The state continues to seek land where large-scale business projects can be built. On Tuesday, it allocated another $6 million — including money for the site near Flint.