Blog tagged as Economic health

Michigan Is 190,000 Housing Units Short

05/31/23 05:26 PM - By Team MIRS - Comment(s)
Michigan Is 190,000 Housing Units Short
The first panel at the Detroit Regional Chamber Mackinac Policy Conference was a plea to businesses from the Michigan State Housing Development Authority (MSHDA) regarding the need for housing in the state.

Council To Look At $3.9B Funding Deficit On Roads

05/31/23 05:19 PM - By Team MIRS - Comment(s)
Council To Look At $3.9B Funding Deficit On Roads
This week's pending announcement on the Governor's council on population growth comes after the Michigan Infrastructure and Transportation Association (MITA) announced findings from a Public Sector Consultants report that Michigan has a $3.9 billion annual funding deficit

Retail Sales Up In April; Entrepreneurship Stays Strong 

05/25/23 12:16 PM - By Team MIRS - Comment(s)
Retail Sales Up In April; Entrepreneurship Stays Strong 
Retail sales in Michigan increased significantly over March, as retailers anticipate a bright summer in sales through July, according to a Michigan Retailers Association (MRA) report Wednesday.

Economists Struggling To Get Clear Picture Of Economy

05/22/23 02:23 PM - By Team MIRS - Comment(s)
Economists Struggling To Get Clear Picture Of Economy
Ask anyone on the street how they view the economy, and you’re likely to hear answers riddled with uncertainty.

Unemployment Hits 3.8%, Matches Pre-Pandemic Levels 

05/19/23 01:10 PM - By Team MIRS - Comment(s)
Unemployment Hits 3.8%, Matches Pre-Pandemic Levels 
Michigan's unemployment rate reached 3.8% in April, matching the jobless rate of February 2020, the month before the COVID-19 pandemic, according to the Department of Technology, Management and Budget.