Area Economy

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

ARTICLES

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

Construction materials prices up for May, down for year

June 19, 2015
Prices for inputs to construction industries expanded by 1.1 percent in May, the largest month-over-month increase in more than two years and only the third time in the past 10 months that construction input prices have grown on a monthly basis. Read More

Exporters suffer poor quarter but better times ahead

June 12, 2015
Modest gains in worldwide merchandise trade last year marks the third consecutive year of trade growth of less than 3 percent. Read More

Growth improvement continues for third month

June 5, 2015
Still growing at a moderate rate. Read More

Retailers are starting to reap the benefits of buy-local campaigns

May 29, 2015
Michigan retailers’ sales forecasts remain strong for late spring and early summer, according to the latest Michigan Retail Index, a joint project of Michigan Retailers Association and the Federal Reserve Bank of Chicago. Read More

Monthly construction materials prices remain tame

May 22, 2015
Prices for inputs to construction industries fell by 0.1 percent in April, ending a two-month streak during which material prices expanded by greater than 0.4 percent. Read More

Nonresidential construction bounces back with broader economy

May 15, 2015
The U.S. construction industry added 45,000 jobs in April according to the May 8 Bureau of Labor Statistics preliminary estimate. Read More

West Michigan economy poised for a positive summer

May 8, 2015
The West Michigan growth rate continues upward. Read More

‘Culture’ is an essential word for businesses

May 1, 2015
Do words matter? Last month the topic of this column was about labels and how they affect our perception. Read More