Michigan’s housing stock is thinning, according to the U.S. Census Bureau, which pegged the state as one of only two with fewer housing units in 2012 than in 2010. Neighboring Illinois is the other. But the state of housing is far from equal across Michigan. In fact, there are growing hot spots for housing – […]
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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Wave of craft beer washes over Michigan
SAMPLING THE LOCAL FARE: Patrons of Founders Brewing Company in Grand Rapids enjoy some of the product of Michigan’s craft brewing industry, which continues to grow rapidly. (Bridge photo/Lance Wynn) Michigan’s craft beer industry is growing so fast that leaders of the trade association representing it can’t keep track of all the activity. “I […]
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Craft brewers’ recent success runs into old way of doing things in Lansing
Laura Houser, a brewer, tends to the huge tanks at Founders Brewing Company in Grand Rapids. Founders is one of Michigan’s largest craft brewers. (Bridge photo/Lance Wynn) Beer — the brewing of it, shipping, selling and quaffing of suds — is, by one measure, a nearly $6.1 billion industry in Michigan. And it’s an industry […]
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State government ‘spends’ $30 billion more this year than you think
(courtesy image/used under Creative Commons license) Officially, Michigan’s state government is spending $48.2 billion this year on education, health care, prisons, transportation and all other spending programs. But the state actually is shelling out $78.9 billion — 64 percent more than the spending allocated through the state budget. It’s happening through something called “tax expenditures”—tax […]
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Michigan good at making tax deals, but results of them aren’t clear
DETAILS NOT INCLUDED: While Michigan is good at tracking the overall amount of tax-break deals, say researchers, it’s not so great in showing whether the deals accomplished their stated goals. (courtesy image/used under Creative Commons license) Michigan gets high marks from some experts on how it reports its billions of dollars in tax breaks to […]
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Look Ma! We’re doing it on three wheels!
THREE-WHEELIN’: TerraTrike employee Brandon Griffin, 29, of Caledonia shows off one of the firm’s creations on a trail through Cascade Township Park near Grand Rapids. TerraTrike is one of the 2013 “50 Companies to Watch” across Michigan. (Bridge photo/Lance Wynn) You can tell a lot about where the state’s economy has been and where it’s […]
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Death trend stalks Northern Michigan
Kurt Metzger is director of Data Driven Detroit, a nonprofit in Detroit established by foundations to build greater capacity for people to work together, and improve lives and communities affiliated with the Michigan Nonprofit Association. He was research director for United Way for Southeastern Michigan from 2005 to 2008 and before that, was a director […]
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Moving from ‘we had money’ to ‘they want money I don’t have’
GREENVILLE – The line began forming an hour before the food truck arrived, starting in the parking lot next to the barren acreage where once stood the nation’s largest refrigerator factory and winding around the front of the former UAW hall. Men and women, some with children, held empty boxes and laundry baskets they soon […]
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So you think you are a member of the middle class?
Charles Ballard, a Michigan State University economist, says everyone likes to think they are middle class in America to avoid the negative connotations of the extremes of wealth (greed) and poverty (sloth). (courtesy photo/used under Creative Commons license) Marketers aim for its money, politicians insist they are looking out for its best interests, and the […]
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Michigan economy grew again in 2012, but pace was well off ’10,’11 rates
Kurt Metzger is director of Data Driven Detroit, a nonprofit in Detroit established by foundations to build greater capacity for people to work together, and improve lives and communities affiliated with the Michigan Nonprofit Association. He was research director for United Way for Southeastern Michigan from 2005 to 2008 and before that, was a director […]