Michigan Economy

A Michigan proposal detailed Monday, February 6, would provide one-time $180 checks to residents, cut taxes on pensions, and increase tax breaks for low-and moderate-income earners.Michigan Democrats are celebrating the plan. Governor Gretchen Whitmer says her inflation relief checks are the best way to help residents right away.

Michigan Congressman Dan Kildee, D-Flint, says the Obama Administration made big mistakes during the 2008 Great Recession by not providing Delphi salaried employees the pensions they deserve.

135th annual meeting: The State of GR Business held WednesdayWith a nationwide recession predicted later this year, the Grand Rapids area will escape relatively unscathed—that was the overall theme Wednesday morning as economists made their predictions about the upcoming year.

Economists at the University of Michigan forecast Michigan’s economy is strong enough to manage a mild recession on the horizon.

One of the biggest news stories of 2022 was inflation. And if you’ve been listening to this station over the past year, you likely heard a lot of stories about rising food prices, how they’ve risen 11% over the past year. But what hasn’t been discussed is the cost of food waste during this period of inflation

A projected billion-dollar development project in the UP got approval for financial incentives from the state Tuesday. So did an electric vehicle battery parts operation, water infrastructure, and a multi-use industrial site.

The state appeals court will decide whether the Michigan Legislature exceeded its powers when it made sweeping changes to a pair of petition initiatives.

Governor Gretchen Whitmer is on a two-day business jaunt to Washington DC, where she has meetings set up with Biden administration officials and members of Michigan’s congressional delegation. A priority in sit-downs with Commerce Secretary Gina Raimondo and other Biden administration officials will be winning more federal support for manufacturing semiconductors. The chips are critical to the auto industry and defense contractors.

A report released today offers mixed news about the state of the economy heading into the new year. The report says employment in the state will probably remain steady through the middle of next year before the jobless rate ticks upward.

West Michigan’s economic outlook turned to “flat” in the September Institute for Supply Management Survey. The chances for a recession are also increasing, but to what degree?