Area Economy

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

ARTICLES

Retail sales forecasts cool slightly after hot July

August 28, 2015
Michigan retailers’ sales forecasts through October slipped slightly after solid sales in July, according to the latest Michigan Retail Index, a joint project of Michigan Retailers Association and the Federal Reserve Bank of Chicago. Read More

Materials prices decline while spending enjoys robust recovery

August 21, 2015
Prices for inputs to construction industries declined 0.1 percent in July after increasing 0.2 percent in June, according to the latest producer price index released by the U.S. Bureau of Labor Statistics. Read More

Michigan joins the plunge in international trade

August 14, 2015
International trade around the world is in a free fall this year. Read More

Late summer economy remains in slow growth mode

August 7, 2015
Growth returns to normal. That’s the latest word on the local economy, according to data and comments collected in the last two weeks of July. Read More

Construction materials prices dominated by crisis economics

July 31, 2015
Prices for inputs to construction industries expanded 0.2 percent in June after increasing 1.1 percent in May. Read More

Michigan retailers’ sales and forecasts on the upswing

July 24, 2015
LANSING — Michigan retailers’ sales rebounded in June and expectations remained strong for the rest of summer, according to the latest Michigan Retail Index, a joint project of Michigan Retailers Association and the Federal Reserve Bank of Chicago. Read More

Nonresidential construction spending continues torrid pace

July 17, 2015
Through the first five months of 2015, nonresidential construction spending is having its second-best year since the U.S. Census Bureau began tracking the metric in 2002. Read More

West Michigan economy remains on solid footing

July 10, 2015
Growth in West Michigan’s economy remains good, but the rate has moderated. Read More

Michigan’s increase bucks international export trend

July 3, 2015
International trade continues to stay on the downward trend that began in August 2014. Read More

Michigan retailers expect summer sales gains

June 26, 2015
LANSING — Michigan retailers’ summer sales forecasts remain strong despite a dip in sales in May, according to the latest Michigan Retail Index, a joint project of Michigan Retailers Association and the Federal Reserve Bank of Chicago. Read More