Michigan led the US in farmland price increases last year, rising 7.8% compared to 4.3% nationally. Demand is rising along with development.
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.
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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.’
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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.
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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.
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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.
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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.
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Hope, anger on display at town hall as $261M megasite forges ahead near Flint
About 200 gather for a town hall hearing about what’s next for Mundy Township after Sandisk’s plans for a semiconductor collapsed.
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Turkey prices up for Thanksgiving. Blame bird flu, which hit Michigan
A bird flu surge has forced farmers to kill millions of turkeys in Michigan and across the country, shrinking supplies and driving up prices ahead of the holidays.
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So long, pennies! US stops making cents. Michigan customers feel the pinch
From rounding to the nearest nickel to bonuses at banks, the penny shortage is hitting home in Michigan.
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Michigan has spent $261M on Mundy megasite. Now, the public weighs in
Opponents and advocates of the megasite will speak at a town hall in Flint on Thursday night. The public event will feature a Q&A on the state-funded $260 million project.