Blog tagged as Economic health

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.

Bank Collapses Are Common, Investor Fear Is The Real Danger

03/22/23 03:49 PM - By Team MIRS - Comment(s)
Bank Collapses Are Common, Investor Fear Is The Real Danger
The Silicon Valley Bank and Signature Bank collapses themselves didn’t present a threat to the economy, but investors' fear of losing money is a real threat.

MSHDA, Treasury Say No Problems In Michigan With Bank Collapses

03/17/23 05:07 PM - By Team MIRS - Comment(s)
MSHDA, Treasury Say No Problems In Michigan With Bank Collapses
The Michigan State Housing Development Authority and the Department of Treasury are double-checking to make sure the collapse of Silicon Valley Bank and Signature Bank didn't impact their portfolios, but at first blush officials don't believe it did.

Michigan Unemployment Stays At 4.3% In January

03/10/23 10:40 AM - By Team MIRS - Comment(s)
Michigan Unemployment Stays At 4.3% In January
Michigan's unemployment rate stayed at 4.3% in January, according to Michigan Department of Technology, Management and Budget data.