economy

Whitmer pledges to ‘stay focused’ and get state through ‘tough time’

BY: - December 22, 2020

Many people will define 2020 as the year COVID-19 uprooted life as we knew it. And for Gov. Gretchen Whitmer, the COVID-19 pandemic could be the greatest defining moments in her political career.  Whitmer was catapulted into the national spotlight as she fought against a pandemic that killed thousands of people in her state and […]

COMMENTARY

Rick Haglund: Michigan’s economy could take a beating after ruling against Whitmer’s COVID-19 orders

BY: - October 13, 2020

Now that the state Supreme Court has struck down a 1945 law that Gov. Gretchen Whitmer repeatedly used to issue executive orders in the fight against the deadly COVID-19 virus, where is Michigan’s economy headed? Some might argue that the state’s economy, which has regained 593,100 jobs since April’s employment collapse, could boom as businesses […]

Biden culminates chaotic 24 hours with Grand Rapids speech 

BY: - October 2, 2020

Democratic presidential nominee Joe Biden spoke Friday in Grand Rapids about his plans for the economy, capping off a chaotic 24 hours of uncertainty. Details of the visit were first announced Thursday, but were thrown into question after President Donald Trump announced late Thursday night that he had tested positive for COVID-19. Trump and Biden […]

Rick Haglund: Tackling climate change is the smart move for local governments, businesses

BY: - September 26, 2020

Brandy Brown faced skepticism about climate change from the day she accepted her job as the head of the Michigan Office of Climate and Energy. “Brandy, that climate change stuff isn’t real,” Brown said a longtime friend told her when she was appointed to lead the office last year. Her friend’s denial of climate change […]

COMMENTARY

Rick Haglund: Blacks have lost ground in Michigan — and it’s dragging down the economy

BY: - September 12, 2020

In his long career as a University of Michigan labor economist, Don Grimes never focused his research on race-based income inequality. “I’ve always believed in the power of markets,” Grimes told me.  “I figured the markets would sort this out.”  But a new study he, and U of M colleagues Gabriel Ehrlich and Michael McWilliams […]

Pence pledges to ‘make America great again, again’ in Traverse City

BY: - August 28, 2020

Vice President Mike Pence made his pitch to Michigan voters during a brief campaign rally in Traverse City on Friday, promising to “make America great again, again” if given four more years in the White House. Pence argued that the 2020 election will determine who is responsible for helping the economy recover from the effects […]

State economy in better shape than expected thanks to federal aid

BY: - August 24, 2020

Economists on Monday painted a rosier than expected forecast on the state economy during the state Consensus Revenue Estimating Conference.  “We’ve had a stronger than anticipated recovery,” said David Zin of the nonpartisan Michigan Senate Fiscal Agency. Federal COVID-19 recovery aid, consumer spending and manufacturing and auto economies have helped Michigan’s economy, experts said at […]

COMMENTARY

Susan J. Demas: Deep down, we all know COVID-19 won’t disappear after there’s a vaccine

BY: - August 17, 2020

Last week, I spent several days hiking the Appalachian Trail with my family, after our pre-pandemic plans to fly cross-country and get lost in Yosemite (which my children never struggled to pronounce, even in elementary school), obviously didn’t seem like a wise idea as cases continue to spike. I’ve been hiking the trail for over […]

Study: Partial Line 5 shutdown has not impacted gas prices, despite Enbridge warnings

BY: - August 10, 2020

New research from a former Dow chemical engineer has found that, despite Canadian oil company Enbridge’s predictions otherwise, the continued partial shutdown of its Line 5 pipeline in the Straits of Mackinac has so far not affected gas prices or supply in Michigan or Canada. “For a period of [52] days … there has been […]

COMMENTARY

Susan J. Demas: We’re in a Trump recession. Michigan Republicans think they can blame it on Whitmer.

BY: - August 1, 2020

In Washington, conservative fiscal scolds are finally emerging from an almost four-year hibernation in the deficit-busting, economic-tanking Trump era, as polls show the president losing to Democrat Joe Biden in the fall. It’s a time-honored tradition in D.C., like watching the cherry blossoms bloom in spring. Republicans sink the economy and deplete revenues, thanks to […]

Changing plans, taking gap years: How college grads are navigating the pandemic recession

BY: - July 29, 2020

About three months have passed since millions of college students graduated college into the worst economic downturn since the Great Depression.  Some have had to look for jobs unrelated to their degrees, while others changed their plans or decided to take a year off before going to graduate school or moving to where they had […]

Pence talks reopening, meets John James during Macomb Co. swing

BY: - June 18, 2020

Vice President Mike Pence on Thursday visited Michigan to tour manufacturing plants in Macomb County, part of a swing through the newly reopened state. U.S. Secretary of Labor Eugene Scalia joined Pence in Sterling Heights. Both officials said the Trump administration can expand Michigan’s economy — and by extension, the national economy — to the […]