Blog categorized as Economy

(Source: MIRS.news, Published 1/17/23) The Michigan Economic Development Corporation Executive Committee approved a new four-year contract for CEO Quentin Messer, Jr., which keeps him in the position until at least 2026, the last year of the Whitmer administration.

Personal income is on the rise and projected to be nearly 30% higher by 2025, but inflation will reduce actual growth to near nothing, according to projections by Gabriel Ehrlich and Daniil Manaenkov during Friday’s Consensus Revenue Estimating Conference.

(Source: MIRS.news, Published 01/03/2023) Gas prices in Michigan are going up as 2023 bursts onto the scene and those prices aren’t expected to slow down, according to a petroleum forecast by GasBuddy.

It may be time to add the abbreviation "VMT" to your legislative vocabulary. In a host of other states, the Vehicle Miles Traveled tax is getting a better workout than in Michigan, where the Governor has only begun to consider alternatives to the aging gas tax.

Interstate 496, the main freeway for state Capitol and downtown Lansing traffic, between Martin Luther King and Cedar in Lansing reopened at about 3:30 p.m. Tuesday