Area Economy

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

ARTICLES

Construction employment surges to best month in 10 years

March 17, 2017
National construction employment surged in February, as the industry added 58,000 seasonally adjusted net new jobs, according to an analysis of U.S. Bureau of Labor Statistics data. Read More

Hopes for decreased regulation, lower taxes fuel economy

March 10, 2017
For West Michigan, the 2017 rally continues for the industrial markets. Read More

Michigan to benefit from automaker investment

The Michigan economy is much more than just autos and other durable goods manufacturing, but the auto sector still drives the state economy. Read More

Retailers express confidence despite sluggish start

February 24, 2017
More than four of five Michigan retailers (82 percent) expect to increase 2017 sales over last year despite a slow start, according to the Michigan Retail Index, a joint project of Michigan Retailers Association and the Federal Reserve Bank of Chicago. Read More

Expect modestly positive growth for West Michigan economy

February 17, 2017
The holidays are over, and we are now into the back-to-work mode of 2017. Read More

Construction employment sees early growth in 2017

February 10, 2017
National construction employment started 2017 on a high note, adding 36,000 net new jobs on a seasonally adjusted basis in January, according to an analysis of U.S. Bureau of Labor Statistics data by Associated Builders and Contractors. Read More

Retailers eke out annual gain despite lackluster holiday sales

February 3, 2017
Weaker than expected December sales undercut November gains, producing mixed holiday season results for Michigan’s retail industry, according to the Michigan Retail Index, a joint project of Michigan Retailers Association and the Federal Reserve Bank of Chicago. Read More

Employment increase is smallest in four years

January 27, 2017
National construction employment declined by 3,000 net jobs on a seasonally adjusted basis in December, according to analysis of U.S. Bureau of Labor Statistics data by the Associated Builders and Contractors. Read More

Energy prices nudge construction materials higher

January 20, 2017
Construction input prices rebounded in December after experiencing a steep decline in November, according to analysis of U.S. Bureau of Labor Statistics data by Associated Builders and Contractors. Read More

Following flat finish, expect modest growth for first quarter

January 13, 2017
December often is a slow month for many industrial firms, and December 2016 was no exception. Read More