Michigan economy

US Consumer Sentiment Declines for Fifth Month Amid Trade Tensions

News Summary US consumer sentiment has dropped for the fifth month in May 2025, hitting its lowest point since July…

2 months ago

Michigan Sees Decrease in Unemployment Claims Amid New Benefits Law

News Summary Michigan has reported a significant drop in initial unemployment claims, falling to 5,303 for the week ending May…

2 months ago

U.S. Consumer Sentiment Declines for Fifth Month in a Row

News Summary Consumer sentiment in the U.S. has dropped by 2.7% in May, marking the fifth consecutive month of decline…

2 months ago

Michigan to Distribute $34 Million to Unemployment Claimants

News Summary Michigan will distribute about $34 million to 23,000 unemployment claimants following a class-action lawsuit settlement. The settlement addresses…

3 months ago

Detroit Sees Population Growth for Second Year

News Summary Detroit has experienced a significant population increase for the second consecutive year, with the U.S. Census Bureau reporting…

3 months ago

Buchanan, Michigan Secures $2.8 Million in Grants for Revitalization

News Summary Buchanan, Michigan, will receive $2.8 million in grants from the Michigan Economic Development Corporation as part of the…

3 months ago

Michigan Launches Redesigned Unclaimed Property Website

News Summary On May 13, 2025, Michigan unveiled a new website for its Unclaimed Property Program, aimed at assisting residents…

3 months ago

Mother Entrepreneurs in Michigan: Balancing Business and Family

News Summary In Michigan, mother entrepreneurs like Mallory Vredeveld and Maddison Husted are successfully managing their bakery, The Five Forks,…

3 months ago

Michigan’s Liquor Sales Reach Nearly $1.9 Billion in 2024

News Summary In 2024, Michigan bars, restaurants, and retail stores spent nearly $1.9 billion on distilled spirits, marking a $7…

3 months ago

Luxury Lakefront Properties in Michigan Listed For Over $10 Million

News Summary Michigan's luxury real estate market is booming, with several high-end properties now listed above $10 million. These stunning…

3 months ago