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Covering the intersection of business and policy, and informing Michigan employers and workers on the long road back from coronavirus.
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Trump economic adviser to Detroit group: ‘Getting back to work’ is top goal
Larry Kudlow also told the Detroit Economic Club that the administration would not encourage a business lockdown as coronavirus rebounds in Michigan and across the nation.
Michigan retailers worry COVID spike will keep customers away. Again.
It’s been a hard year for stores and restaurants. Now they head into winter amid worry that a second wave of COVID-19 will hinder sales during the critical holiday season.
Michigan business leaders urge Whitmer and Republicans to unite on COVID
Some of the state’s top CEOs sent a letter Wednesday urging Republican lawmakers and the state’s Democratic governor to present a united front on coronavirus safety measures as Michigan braces for a second wave of the virus.
New grocery in Grand Rapids is about more than food. It’s about equity too.
Founder Alita Kelly wants to create ‘an experience that goes beyond just buying groceries’ for a part of the city that has few healthy food outlets.
Q&A: Michigan’s $28B life sciences industry was under the radar. Until COVID
From drug development to medical devices, the state’s bioscience businesses found themselves in the bull’s-eye when coronavirus overtook the United States, said Stephen Rapundalo of MichBio.
Michigan benefited from COVID stimulus and jobless aid. Now what?
Economic relief programs that helped the state’s businesses and jobless now are on hold as the United States pauses new stimulus talks and the state confronts upheaval that impacts state unemployment benefits.
‘Businesses need clarity,’ MI chamber leaders say of shifting COVID rules
Dozens of executive orders have regulated businesses over the last six months. After a chaotic few days of court rulings and political chess games in Lansing, it’s unclear which of them still apply.
Michigan unemployment benefits expanded to 59 weeks for some workers
The state qualifies for a 20-week benefits extension, but not all workers will receive it. Some also are still waiting for $300-a-week bonus payments due to another fraud investigation.
Small business confidence inches up in Michigan. Will sales follow?
Twenty percent of small businesses “are projecting pretty catastrophic impacts” said Brian Calley, president of the Small Business Association of Michigan.
In ‘dire need,’ 1 in 5 Michigan restaurants may not survive winter
Advocates say more policy help is needed to get the state’s leisure and hospitality employees back to work – and keep hotels and restaurants open.
Michigan business found a niche in COVID. Its second act may prove harder.
Sales for TentCraft in Traverse City reached into the millions as it shifted from tents for concerts and trade shows to building temporary medical units. The company now must gauge how to plan for the future.
Michigan earnings shot up 54 percent in spring. Thank the stimulus funds.
'This is going to be the only recession in history where income goes up,' said University of Michigan economist Donald Grimes.
Michigan’s unemployed to get $900 more. System glitches remain
The state was approved for three more weeks of Lost Wages Assistance, and jobless workers should see that money by the end of September.
As home prices rise in Michigan, so do worries about affordability
Affordability and accessibility are a problem in the state’s housing market. Officials and industry experts are watching to see how the coronavirus pandemic affects that.
Whitmer: Michigan could remain in COVID-19 state of emergency for months
Amid frustrations from some business owners about emergency orders, Gov. Gretchen Whitmer says she’s weighing case counts, vaccine development and other factors in determining how long the crisis will last.
Q&A: Michigan builders want state’s help to build affordable homes
New construction remains suppressed across the state, and low- to middle-income residents are bearing the brunt of the lack of affordable new homes. Bob Filka, CEO of the Home Builders Association of Michigan, hopes to lead policy changes to make more building possible at mid-range prices.
Coronavirus kept us home, igniting real estate frenzy in northern Michigan
Prices are climbing and competition is fierce as traditionally slow areas of Michigan become real-estate hotspots. No longer geographically tied to their workplaces and enjoying low interest rates, buyers are sparking a ‘feeding frenzy’ in northern Michigan.
Michigan businesses struggled during COVID. Customers are coming to rescue.
Spending is up, even amid a pandemic. And many consumers are keeping money closer to home, saving a coffee shop near Saline and increasing traffic in downtowns.
Michigan lawmakers may tweak unemployment law to help employers amid pandemic
Michigan’s reserves to pay jobless claims are dwindling amid record unemployment claims. Starting Jan. 1, employers would have to pay more into the system, but some lawmakers want to avoid that prospect.
Michigan economy is stronger than expected amid pandemic. Thank the stimulus.
Consumer spending is up amid the pandemic, as Michigan residents are spending federal bailout money designed to keep the economy going amid the pandemic. But state economists warn Michigan still faces tough times.