Area Economy

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

ARTICLES

Auto sales slump finally trickles down to suppliers

August 11, 2017
After six months of disappointing car sales, the impact on our local auto parts suppliers finally is being felt by the West Michigan economy. Read More

Is West Michigan in danger of retail ice age?

Mighty mastodons once dominated the North American landscape. Read More

Michigan retail sales up, bucking national trend

July 28, 2017
Michigan retailers are on a roll, with June marking the fourth straight month of positive year-over-year sales, according to the Michigan Retail Index, a joint project of Michigan Retailers Association (MRA) and the Federal Reserve Bank of Chicago. Read More

Monthly construction input prices tick higher

July 21, 2017
Construction input prices rose 0.2 percent in June, according to an analysis of Bureau of Labor Statistics data by Associated Builders and Contractors. Read More

‘Orderly’ automotive sales decline keeps economy rolling

July 14, 2017
Yes, the West Michigan industrial economy remains on track. Read More

Construction industry adds nearly 200K jobs over past year

July 7, 2017
In May, not seasonally adjusted (NSA) construction unemployment rates were down in 24 states on a year-over-year basis, according to analysis released by Associated Builders and Contractors. Read More

Spring surge boosts summer confidence for retailers

June 30, 2017
Michigan retailers posted their strongest performance of the year in May, pushing up sales by 12 points on the Michigan Retail Index, a joint project of Michigan Retailers Association and the Federal Reserve Bank of Chicago. Read More

Construction input prices level for first time in months

June 23, 2017
Construction input prices remained unchanged in May, ending five consecutive months of price expansion, according to analysis of Bureau of Labor Statistics data by Associated Builders and Contractors. Read More

Nonresidential construction segments suffer spending decline

June 16, 2017
Nonresidential construction spending fell 1.7 percent in April, totaling $696.3 billion on a seasonally adjusted, annualized basis, according to analysis of U.S. Census Bureau data by Associated Builders and Contractors. Read More