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Items Tagged with 'Employment'
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
We have all heard much about differences in generational thinking. Due to our increased longevity, health care and prescription drug costs, delayed access to Social Security benefits, and our desire to maintain the heightened lifestyles resulting from an extended period of prosperity, we currently have four generations working side by side for the first time in history. Read More