Michigan economy growth

Michigan Tourism Industry Generates $54.8 Billion in 2024

News Summary A recent report by Travel Michigan reveals that the state's tourism sector contributed $54.8 billion to the economy…

23 hours ago

Michigan Grants $2 Million to Small Businesses for Growth

News Summary On Tuesday, Governor Gretchen Whitmer announced that 63 small businesses in Michigan received nearly $2 million in grants…

23 hours ago

Michigan Experiences Population Growth Amid Relocation Trends

News Summary Michigan is witnessing notable demographic shifts in 2025, with residents relocating mainly within the Midwest and a surprising…

6 days ago

Michigan’s Cannabis Market Faces Significant Slowdown

News Summary Michigan's marijuana market is experiencing a downturn, with sales dropping by 4.2% statewide in June, following a period…

1 week ago

Consumer Sentiment in the U.S. Sees Modest Improvement

News Summary Consumer sentiment in the U.S. rose by 1.8% in July 2023, reaching its highest level since February. The…

2 weeks ago

Michigan Economic Development Corporation Under Investigation

News Summary The Michigan Economic Development Corporation (MEDC) is facing scrutiny from the state following an investigation into a $20…

2 weeks ago

Michigan Faces $15 Billion Health Care Impact from Tax Bill

News Summary President Trump's new tax and spending bill is projected to cost Michigan's health care system an estimated $15…

2 weeks ago

GM and LG Energy Solution to Boost Battery Production in Tennessee

News Summary Ultium Cells LLC, a joint venture between General Motors and LG Energy Solution, is enhancing its Tennessee manufacturing…

2 weeks ago

New $1 Coin Celebrates Michigan’s Automotive Heritage

News Summary The U.S. Mint has launched a new $1 coin in Michigan, celebrating the state’s contributions to automotive manufacturing.…

3 weeks ago

Michigan Rises to 6th Place in CNBC’s Best States for Business Ranking

News Summary Michigan has climbed to 6th place in CNBC's best states for business ranking for 2025, marking its highest…

3 weeks ago