Blog categorized as Economy

Gov. Gretchen Whitmer urged small businesses that rely on snow to apply for Economic Injury Disaster Loans from the Small Business Administration because of drought in 42 counties.

Wednesday evening, the Governor highlighted her vision to create a "HIRE Michigan Fund," a rebranding of Gov. Rick Snyder's Good Jobs for Michigan program from 2017 through 2019.

The state’s revenue numbers aren’t dropping jaws this time around, but projections released Friday have Michigan’s General Fund and School Aid Fund increasing $417.9 million above last May’s projections for the current fiscal year and $146.9 million for Fiscal Year (FY) 2025.

The country’s inflation rate in 2023 dropped back to 3.1% after 7% and 6.5% climbs in 2021 and 2022, respectively, but the issue is still top-of-mind for Michigan voters among 19 different categories, according to recent polling by a left-leaning think tank.

Inflation rates have been a talking point at dinner tables across the state, but MIRS was able to talk turkey on how the numbers mashed out for your Thanksgiving dinner.