Michigan Economy

Newly passed legislation requires car companies to source a major portion of key components and assemble electric batteries in the U.S. or a country with a free trade agreement within a few years.

Home foreclosure filings across the nation this year have been, and continue to be, well ahead of last year. But in July, nationally foreclosure statistics dropped four percent from the previous month. And foreclosure completions declined by five percent from June to July.

Michigan is surpassing revenue predictions by around 6.8-billion dollars for the current and next couple fiscal years. That’s the conclusion of the Consensus Revenue Estimating Conference on Friday, May 20.

A recent 40-acre farmland sale in Gratiot County shocked the farming community. However, economists saw this coming, as farmland prices have never been higher.

The Russia-Ukraine conflict has altered natural gas and oil prices across the world. This shift in the market is likely to ripple into Michigan.

Twenty three small cities and villages around Michigan were awarded transportation grants to help fix roads and infrastructure. Cities with populations…

Hunting and fishing create more jobs in Michigan than any other Great Lakes state according to a new study.The study, released by the Michigan United…