Blog categorized as Economy

Home Builders VP: Yes, It's A 'Housing Crisis' 

11/21/23 01:22 PM - By Team MIRS - Comment(s)
Home Builders VP: Yes, It's A 'Housing Crisis' 
Dawn Crandall of the Home Builders Association of Michigan describes the state's housing crisis as ongoing, with supply being limited, demand remaining really high and individuals seeking workforce housing getting "bumped even further down the housing chain."

Why Are Michigan's Car Insurance Rates Still So High? 

11/17/23 04:27 PM - By Team MIRS - Comment(s)
Why Are Michigan's Car Insurance Rates Still So High? 
Projected reimbursement costs for care following a catastrophic car accident could still be contributing to auto insurers charging higher premiums, says one national insurance industry researcher.

Study: Energy Package To Cost Users $100+ More Monthly 

11/02/23 04:33 PM - By Team MIRS - Comment(s)
Study: Energy Package To Cost Users $100+ More Monthly 
The energy reforms that moved through the Legislature Wednesday would cost the average ratepayer more than $100 a month over the next 27 years, under a modeling study conducted by a Minnesota-based free market think tank to be published by month’s end.

What Is Going On With $15 Minimum Wage Effort? 

10/24/23 09:50 AM - By Team MIRS - Comment(s)
What Is Going On With $15 Minimum Wage Effort? 
Advocates for a $15 minimum wage will need to get the Court of Appeals to put their request before the state Legislature for adoption after the Board of State Canvassers declined to advance it over a strange inconsistency in the proposal.

Unemployment Rises For Second Straight Month 

10/20/23 11:56 AM - By Team MIRS - Comment(s)
Unemployment Rises For Second Straight Month 
The state unemployment rate went up two-tenths of a percent to 3.9% after a tick up in August, according to Department of Technology, Management and Budget data.