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In ‘dire need,’ 1 in 5 Michigan restaurants may not survive winter

In ‘dire need,’ 1 in 5 Michigan restaurants may not survive winter

September 28, 2020 | Paula Gardner

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.

Michigan business found a niche in COVID. Its second act may prove harder.

September 28, 2020 | Paula Gardner

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.

Michigan earnings shot up 54 percent in spring. Thank the stimulus funds.

September 24, 2020 | Paula Gardner

'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

Michigan’s unemployed to get $900 more. System glitches remain

September 18, 2020 | Paula Gardner

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

As home prices rise in Michigan, so do worries about affordability

September 18, 2020 | Paula Gardner

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

Whitmer: Michigan could remain in COVID-19 state of emergency for months

September 17, 2020 | Paula Gardner

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

Q&A: Michigan builders want state’s help to build affordable homes

September 17, 2020 | Paula Gardner

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

Coronavirus kept us home, igniting real estate frenzy in northern Michigan

September 17, 2020 | Paula Gardner

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.

Michigan businesses struggled during COVID. Customers are coming to rescue.

September 8, 2020 | Paula Gardner

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 lawmakers may tweak unemployment law to help employers amid pandemic

September 2, 2020 | Paula Gardner

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.

Michigan economy is stronger than expected amid pandemic. Thank the stimulus.

August 24, 2020 | Jonathan Oosting

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.

Michigan’s permanent layoffs suggest thousands of jobs may be gone for good

Michigan’s permanent layoffs suggest thousands of jobs may be gone for good

August 21, 2020 | Paula Gardner

Economists are starting to get data that indicate a longer, slower recovery period following steep job losses during the coronavirus pandemic.

Michigan town wonders what’s next as factory closes and 125 jobs are lost

Michigan town wonders what’s next as factory closes and 125 jobs are lost

August 21, 2020 | Paula Gardner

‘We need to find jobs that people can keep,’ says one store owner as the second-largest employer in Evart closed this summer. It’s just another blow to a community fighting for stability during the coronavirus pandemic.

Study: Wage gap widens between Black, white workers, especially in Michigan

Study: Wage gap widens between Black, white workers, especially in Michigan

August 12, 2020 | Paula Gardner

Both races make less than they did 40 years ago when adjusted for inflation. But wages for Black workers have declined more since the 1970s, in part because of a loss of manufacturing and widening gap in educational opportunities.

Michigan’s auto industry struggled in Q2. CEOs say challenges remain.

Michigan’s auto industry struggled in Q2. CEOs say challenges remain.

August 12, 2020 | David Wilkins

A look at public filings shows that the leaders of the state’s largest auto businesses don’t yet see the end to COVID-19 slowdowns and sales contraction.

Michigan business snapshot of Q2 earnings shows losses — and a few wins

Michigan business snapshot of Q2 earnings shows losses — and a few wins

August 12, 2020 | David Wilkins

Cereal is selling well for Kellogg amid coronavirus, but many other public companies in the state are still struggling with low earnings.

Report: Michigan needs more entrepreneurs as it loses ground to other states

Report: Michigan needs more entrepreneurs as it loses ground to other states

August 11, 2020 | Paula Gardner

Michigan emerged from the Great Recession with a good environment for new businesses. But it wasn’t great. Now, the challenge to improve is more urgent.

Big Ten may cancel Michigan football. In Ann Arbor, businesses brace for worst

Big Ten may cancel Michigan football. In Ann Arbor, businesses brace for worst

August 10, 2020 | Paula Gardner

University of Michigan football makes some $122 million per year and supports a host of businesses throughout Ann Arbor. They’ve already endured the coronavirus. Can they survive the loss of the 2020 season?

PPE turns into ‘tremendous’ opportunity for Reed City factory

PPE turns into ‘tremendous’ opportunity for Reed City factory

July 24, 2020 | Paula Gardner

Thirty jobs created during the COVID-19 pandemic is one sign that Reed City Group’s diversification into medical equipment is paying off.

MI start-ups pivot as venture capital investment plummets during COVID

MI start-ups pivot as venture capital investment plummets during COVID

July 24, 2020 | David Wilkins

The number of VC deals in the state dropped from 70 in the first half of 2019 to 41 this year, the lowest total in the past seven years. But several entrepreneurs found ways to survive during the pandemic.

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