Economy

House Speaker Matt Hall (R-Richland Township) has vowed to push some form of property tax relief in the new year, but two political observers in this town have a different take on his chances for success.

Democrats appear to have picked the wrong issues to campaign on in 2024. Abortion, women's rights and voters' rights didn't move the needle, but Ed Sarpolus of Target Insyght said that based on his polling from this week, Dems shouldn't have that problem this year.

Hall: SOAR, MEGA Tax Credits Need To Be Done To Move Forward On Economic Development

Sen. Thomas Albert (R-Lowell) is leading a 53-bill proposal to eliminate the Michigan Economic Development Corporation (MEDC), the public-private agency offering grants and programs to entice businesses to locate or grow in Michigan. The legislation comes as some Republican gubernatorial candidates call for the MEDC's demise as a core campaign message.

FEMA Still Says No For Utility, Homeowner Relief For Ice Storm 

Army Corps Of Engineers Line 5 Permitting Expected This Fall; Last Permit Next Fall 

(Source: MIRS.news , Published 10/08/2025) House Speaker Matt Hall (R-Richland Township) said Tuesday he's open to working with the Governor on something that's been a part of her economic development wishlist since early 2024: the "HIRE Michigan" program. The plan would be to give away payroll tax exemptions to businesses creating new jobs in Michigan.   Hall's goal is to repeal the defunded Strategic Outreach and Attraction Reserve (SOAR) Fund law and eliminate the Michigan

Soybean meal exports have fallen by 46 percent since this time in 2024, wheat exports are down 89 percent, fresh cherry exports are down 62 percent, and fresh apple exports 58 percent in response to the higher federal tariffs, according to a Department of Agriculture and Rural Development (MDARD) report released Monday ahead of Gov. Gretchen Whitmer's speech on tariffs and the state budget.

A top global economist for one of the country’s biggest banks told state legislators earlier this month that he does not expect interest rates to come down anytime soon nor an influx of manufacturing investment in the United States, but supply chains could move to closer, friendlier nations to avoid risks related to China.

(Source: MIRS.news , Published 08/20/2025) (BOSTON) -- Thanks to strong revenue growth in the wake of the COVID-19 pandemic and robust...

Gov. Gretchen Whitmer made a return trip to the White House on Tuesday, making the case directly to the President that his emergency tariffs were hurting Michigan's auto industry. She is also asking that Michigan be allowed to continue a Medicaid provider assessment to prevent the system from potentially having to drop patients due to costs.

The Governor on Thursday signed an executive directive ordering state agencies to calculate and report the impact of President Donald TRUMP's tariffs on Michigan's manufacturing, agricultural and automotive industries.

(Source: MIRS.news , Published 07/15/2025 ) Gov. Gretchen Whitmer Tuesday took to social media to trumpet General Motors' announcement...

MI Chamber Worried About Corporate Income Tax Increase To Fund Roads

Drive down a Michigan freeway for any amount of time, and you’ll most likely see a half or a whole house being pulled on a wide-load semi-trailer. What you might not know is that the Michigan State Housing Development Authority (MSHDA) might have paid for that home in its effort to stanch the housing bleed.

U.S. Ambassador to Canada Pete Hoekstra said Wednesday he is optimistic about future relations between the two countries, but he warned that there are “pebbles in the shoe” obstacles that need to be worked out. 

Economic researchers from the University of Michigan said Friday during the May 2025 Consensus Revenue Estimating Conference (CREC) that, according to their estimates, the implementation of tariffs on auto manufacturing materials could lead to 3,300 auto jobs lost in Michigan and about 13,000 total jobs lost in the state.

Bringing new fighter jets to Macomb County will not be the last time the Governor negotiates with the Trump White House

Gov. Gretchen WHITMER Wednesday called for America to build more planes, ships, microchips and automobiles during a 25-minute “Build, America, Build Address” speech in Washington D.C. to a group of business leaders.

In a new poll 48% of respondents said the policy focus of Michigan lawmakers should be about addressing inflation and cost of living.