Blog tagged as Economic health

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

House-Senate In A Mexican Standoff Over Republicans' Piece Of Marshall Plant Deal

04/14/23 09:30 AM - By Team MIRS - Comment(s)
House-Senate In A Mexican Standoff Over Republicans' Piece Of Marshall Plant Deal
A month after it looked as if Republicans were going to notch their biggest policy wins of the 2023-24 session, a pair of boutique business tax cuts and a couple other reforms they received for supplying votes for the Ford supplemental are stuck in neutral.