Area Economy

A look at local, regional, national and international trends.


Local economy is on faster track than national numbers

October 17, 2014
September is always a back-to-work month, and this year is no exception. Read More

An effective timeline keeps the HR process flowing

October 10, 2014
How important is timing? Read More

Report finds ALICE can't afford to live here anymore

October 3, 2014
Conventional wisdom among Michigan business, political and media elites seems to be that Michigan is back. Read More

State's exporters enjoy significant summer resurgence

September 26, 2014
According to statistics compiled by the World Trade Organization, growth in global trade continued to grow at a moderate pace in July. Read More

Falling natural gas prices keep materials costs stable

September 19, 2014
Construction materials prices were unchanged in August but are 1.7 percent higher than this time last year, according to a Sept. 16 producer price index report by the Department of Labor. Read More

Economy keeps trending in a positive direction

September 12, 2014
The August rate of economic growth remained positive but came in a little slower. Read More

Michigan retail sales climb again in July

September 5, 2014
LANSING — Michigan’s retail industry posted strong sales numbers in July for the second month in a row, and forecasts for the end of summer and beginning of fall also rose, according to the Michigan Retail Index, a joint project of Michigan Retailers Association and the Federal Reserve Bank of Chicago. Read More

Put a compensation policy in place to avoid headaches

August 29, 2014
When we do compensation consulting, we usually start with asking about the organization’s compensation philosophy. Read More

Healthy backlog signals rebound in construction industry

August 22, 2014
The Construction Backlog Indicator produced by Associated Builders and Contractors reached an all-time high in the second quarter of 2014. Read More

Slow growth is better than no growth for West Michigan

August 15, 2014
Much as it has been for the past five years, slow growth continues to be the trend in the West Michigan economy. Read More