Soaring fuel and equipment costs are forcing some truckers out of the business, adding to supply chain woes.
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
How Michigan could benefit from Washington’s $76B investment in microchips
The state’s manufacturing heritage will help Michigan increase its role in high-tech semiconductor production, business leaders said, as President Biden will soon sign into law billions of dollars in production incentives.
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Judge delays Michigan minimum wage increase until at least February
A judge who ordered the increase and extension of sick leave delayed implementation of his own ruling while the case is under appeal.
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Michigan voted to block Airbnb bans but hits roadblock over local control
Regulations outlawing local bans of short-term rentals passed the Michigan House at 2 a.m. last October. Since then, it’s stalled as business groups and lawmakers continue to debate what communities can outlaw.
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Remade by pandemic, Traverse City-area wineries offering custom experience
Wineries along the “Traverse Wine Coast” said they had to get creative to withstand the pandemic while making customers feel safe and eager to return. Horses are part of the plan, as are golf cart rides through fields of lavender.
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Where Michigan Republican governor candidates stand on jobs and the economy
The five candidates hoping to win the Aug. 2 Republican primary offer broad outlines of an economic policy (tax cuts, fat trimming) but few if any details. So far, the economy isn’t front and center in the race, but that will likely change quickly after the primary.
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Rent, frustration rising in Michigan’s mobile home parks
Those living in mobile home parks throughout Michigan are struggling raising rents, and bills that would have provided relief are stalled in the Legislature.
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A recession is looming. Michigan business may not be ready.
Michigan started 2022 with fewer jobs, lower adjusted household incomes and a lower job participation rate than before previous recessions, leaving a shakier foundation to withstand an economic downturn.
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Dundee lost out on a $2.5B battery plant, but factory town finds lessons
Historic Dundee thought it had a chance to land a Stellantis electric vehicle battery plant. But the automaker chose Kokomo, Ind., instead. Now Dundee and other engine factory towns must consider how to remain viable as EVs production builds.
Posted inBusiness Watch
Delta launches high-tech screen at Detroit Metro with personal flight data
The “Parallel Reality” screen allows up to 100 people to view the board, but see only their own flight and gate information. Travelers said they’re impressed, but a technology expert said such technology raises privacy concerns.