Business Experts Weigh in on the 2024 State of the Region Report
February 29, 2024During the 2024 State of the Region event, business and economic leaders took the stage to provide their analysis on…
Survey Says: Small Business Owners Less Optimistic About the Next Six Months
February 15, 2024Michiganders who own and operate small businesses have seen their optimism fall when asked about the prospects of their business…
Consumer Price Index is Hotter Than Expected in January
February 14, 2024The Consumer Price Index rose 3.1% in the 12 months through January, while the monthly gain sped up, the Labor Department said…
The US Didn’t Just Avoid a Recession — It’s Adding Hundreds of Thousands of New Jobs
February 2, 2024In the latest sign of the economy’s continuing ability to shrug off the highest interest rates in two decades, employers…
Americans Are Feeling Optimistic About the Economy Again, With Some Exceptions
January 22, 2024American consumers haven’t felt this good about the direction of the economy in years.
Michigan Aims for ‘Healthy Economic Growth’ as U.S. Economy Prepares for ‘Soft Landing’
January 3, 2024While some economic forecasts project a mild recession next year, others such as the University of Michigan see the U.S.…
American Consumers More Confident in November as Holiday Shopping Season Kicks Into High Gear
November 29, 2023After declining for three straight months, American consumer confidence ticked up in November as the all-important holiday shopping season kicks into…
US Consumer Inflation Eased in October, Driven Lower by Cheaper Gas, Cars, and Airfare
November 14, 2023Inflation in the United States slowed last month, a sign that the Federal Reserve’s interest rate hikes are continuing to…
US Economic Growth Accelerated to Strong 4.9% Rate Last Quarter as Consumers Shrugged Off Fed Hikes
November 3, 2023The nation’s economy expanded at a robust 4.9% annual rate from July through Sept. as Americans defied higher prices, rising…
US Consumers Keep Spending Despite High Prices and Their Own Gloomy Outlook. Can it Last?
November 1, 2023A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials, and…
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