Nearly given up for dead a few years ago, Michigan’s automakers have come roaring back and are leading one of the strongest state economic recoveries in the nation. Today, General Motors Co., Ford Motor Co. and Chrysler LLC are churning out billions of dollars in profits and are hiring thousands of workers. But we’ve seen […]
Ford
Posted inBusiness Watch
Forecasting a slower, pricier car industry
Cars might cost $50,000 on average by 2025. Vehicle sales in the United States may never bounce back to the levels of a decade ago. And electric vehicles aren’t likely to catch on with consumers for years, if at all. So says Sean McAlinden, executive vice president of research and chief economist at the Center […]
Posted inBusiness Watch
What's the business case for second Detroit bridge?
Editor’s note: Gov. Rick Snyder joined Canadian Prime Minister Stephen Harper last Friday to announce a formal deal to start construction on a second bridge linking Detroit to Windsor, Ontario. Snyder announced his support for the span in his first weeks as governor in 2011. Michigan’s share of the construction costs — $550 million — […]
Posted inBusiness Watch
Prospects brighten for Mich. heavyweights
At Kelly Services Inc., business is good — quite good. In Michigan alone last year, the global staffing company placed approximately 2,500 more people in positions than it did in 2010, spanning industries and all lines of Kelly’s business: temporary help, temp-to-hire and direct hires. There’s been steady, increased demand for Troy-based Kelly’s services as […]
Posted inPhil's Column
Michigan's surrounded — and it's a good thing
Business Leaders for Michigan, a group of some of the state’s most progressive, far-seeing corporate chiefs, has released a new 2012 Michigan Turnaround Plan – and it’s worth checking out. It lays out a far-reaching, long-term agenda that Michigan’s leading CEOs say would create nearly 500,000 jobs and increase per-capita incomes by $18,000 within 10 […]
Posted inPhil's Column
Parties play to extremes; voters left stranded
(Originally published July 20, 2011) The coverage of Betty Ford’s funeral last week pushed my thoughts back to the mid-1960s, when I ran the Capitol Hill congressional office of Rep. Paul Todd, Jr., D-Kalamazoo. Those were days when Rep. Gerry Ford, R-Grand Rapids, was on his way up in a career that would ultimately take […]