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.
Sponsors say a plan to let growing businesses capture payroll taxes would increase prosperity at a time when Michigan incomes are falling and some economists sound dire warning about the state’s future.
Michigan’s overreliance on manufacturing has the state falling in prosperity rankings. A new report argues that unless we get serious about creating high-wage, college-degree jobs, our economic fortunes will continue to crater.
An average family of four paid $563 this year to attend a Lions game. That’s a lot. But in the NFL, it’s a pittance, ranking 26th among 32 teams. Sports industry experts list all the ways prices will likely rise next season.
Gas stations are expanding in Michigan even as their demise is predicted in the transition to EVs. Larger chains are moving in with made-to-order food, more vape flavors and coffee bars, betting that added convenience will offset dwindling fuel sales.
Ann Arbor’s growth makes its 50-year-old Briarwood Mall attractive for additions: 370 apartments and two new stores will replace a closed Sears. Is this the solution for dying malls? Depends on the mall.
Kellogg was ready to move two-thirds of its Michigan cereal production to Canada. But the new corporate version of the iconic brand decided to stay here, thanks in part to $24 million in state incentives.
DTE Energy and Consumers Energy say their systems are more reliable after severe outages this year. But with extreme weather increasing from climate change, they’re looking at additional funding options such as customer surcharges or bonds.