Blog tagged as Economic health

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.

Witwer: We Need More, Not Less SOAR Fund Spending

05/16/23 11:05 AM - By Team MIRS - Comment(s)
Witwer: We Need More, Not Less SOAR Fund Spending
As House and Senate Democrats began preliminary discussions today on working through their different 2024 budget plans, the chair of the House Appropriations Committee advocated on MIRS Monday for more money for economic incentives