ARTICLES

West Michigan economy continues three-month surge

June 7, 2013
Considerably stronger. That’s the latest word on the West Michigan economy, according to data collected in the last two weeks of May. Read More

Auto sales will drive WM’s economy

May 10, 2013
Stronger. That’s the latest word on the West Michigan economy, according to data collected in the last two weeks of April. Read More

West Michigan economy surges upward across the board

March 15, 2013
Nicely up. That’s the latest word on the West Michigan economy, according to the data collected in the last two weeks of February. Read More

Local economy flat, but European recovery offers hope

February 15, 2013
We’re dead flat. That’s the latest word on the West Michigan economy, according to data collected in the last two weeks of January. Read More

Several variables will define 2013’s economy

January 11, 2013
We’ve returned to an unimpressive growth pattern. Despite the optimism of our November report, December and 2012 ended rather flat. Read More

GR manufacturing economy bucks downward trend

December 15, 2012
Better! After five lackluster reports, the data collected in November depict a return to modest growth in the Greater Grand Rapids area. Read More

Grand Rapids manufacturing shows minor improvement

November 10, 2012
Very modestly up. Our local economy has been flat for the last three reports, so even a modest uptick is good news. According to the data collected in the month ending Oct. 31, New Orders, our index of business improvement, edged up to +6 from -2. Read More

At best industrial economy is now drifting sideways

September 16, 2012
Flat. In last month’s report, we reported the industrial economy in the Greater Grand Rapids area had slid into the minus column. Fortunately, this month turned out a little better. According to the data collected in the month ending Aug. 31, New Orders, our closely watched index of business improvement, returned to 0 from -6. The Production index flipped back to positive at +5, up from -5. Much as expected, the Employment index remained unchanged at +18. Activity in the purchasing offices remained in single digits, but rose to +8, up from +4. In short, a slowdown is upon us, and it remains to be seen exactly how slow. Read More

Economy finally slips into negative territory

August 20, 2012

Slightly negative. For the first time since the local recovery began in April 2009, the industrial economy in the Greater Grand Rapids area has dipped into the minus column. According to the data collected in the month ending July 31, New Orders, our index of business improvement, came in at -6, down from last month’s +9. The Production index also flipped negative to -5, down from +6. Because of its laggard nature, the Employment index remained positive at +18, but was not as robust as the +25 in the month of June. Activity in the purchasing offices, our index of Purchases, remained barely positive at +4 and a little softer than +11 in our last report.

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