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Items Tagged with 'Detroit'
University of Michigan economist Don Grimes and I are working on our annual progress report on the Michigan economy. Read More
Detroit’s bankruptcy will ultimately have a positive impact on cities across West Michigan and the U.S. Read More
Most of the world’s major economies have developed a cavalier attitude toward debt that is not only unique to them but also held by millions of households that are financing college education. Read More
Grand Rapids Business Journal applauded Gov. Rick Snyder’s move in February to appoint a six-member Michigan financial review team to determine whether it should declare a financial emergency in Detroit and allow an emergency financial manager to take over city operations. Read More
Many area economic development professionals this past week gave a good deal of their time to be present for Gov. Rick Snyder’s “economic summit” in Detroit, several days of which were spent parsing whether the estimated 100,000 job openings in Michigan are the result of a “mismatch” predicated on a “skills gap” between job seekers and job qualifications, or whether the economic data showing a vast majority of corporate America is sitting on “unprecedented levels of cash” and is unwilling to hire. Read More
Michigan's governor said Friday that unless Detroit's fortunes suddenly and miraculously improve, he will appoint an emergency manager to take control of the city that was once one of the nation's most prosperous manufacturing centers. Read More
Pot of gold.
Like it or not, West Michigan’s business fortunes are tied to Detroit. Read More