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LANSING, Mich., June 21, 2018 /PRNewswire/ -- The latest Michigan Future Business Index (MFBI) data show that more than eight-in-ten small to mid-sized business owners in the state are satisfied with the economy. Satisfaction is strongest in Lansing (86 percent) and Saginaw/Bay City/Flint (85 percent). 

Nearly 43 percent of all respondents said wages have increased over the past six months, a seven-point rise over the December 2017 survey.  Additionally, 38 percent showed a growth in profits, up from 32 percent last December. Hiring remained flat, as did sales growth.

The Michigan Future Business Index (MFBI), commissioned semi-annually by the Accident Fund Insurance Company of America and the Michigan Business Network, surveys owners of small- to midsized businesses in Michigan. The MFBI provides business leaders a forum to offer their perspectives and opinions on doing business in Michigan, the overall business climate in the state and various issues in the news. 

Lansing, Mich. - The latest Michigan Future Business Index (MFBI) data show finding qualified workers remains the top challenge for Michigan’s small- to mid-sized business leaders. Retraining employees, networking and hiring temporary workers are short-term fixes employed by many businesses.

Overall, business owners enjoy continued strength in sales and profits, while many employers continue to point to an improving economy, excellent employees, in-demand products/services and a renewed hope for regulatory reform.

AsThe latest Michigan Future Business Index (MFBI) data show record optimism among Michigan’s small- to mid-sized business leaders, resulting in planned increases in investment into their businesses through wage hikes and equipment updates. The percentage of those businesses reporting wage increases over the past six months has hit an all-time high for the MFBI.

Taking a further look at this Bob Lapinski, Media and Public Relations advisior for AF Group joined Jeffrey Mosher in the MBN studio to discuss the latest survey results. You can hear that interview in the SoundCloud PodCast embedded at the bottom of this article.

Lansing, Mich. - The latest Michigan Future Business Index (MFBI) data show record optimism among Michigan’s small- to mid-sized business leaders, resulting in planned increases in investment into their businesses through wage hikes and equipment updates. The percentage of those businesses reporting wage increases over the past six months has hit an all-time high for the MFBI.

In addition, other key indicators including sales and hiring have stayed in positive territory with no significant slippage from record results over the past 12-18 months. Many employers continue to point to an improving economy, excellent employees, in-demand products/services and a renewed hope for regulatory reform.

Mike Seling, VP of Business Development, Accident Fund Insurance Company of America, Lansing, MI, speaks with Chris Holman about Workers Comp Insurance 101 for Business Owners.

Said Taiym, Chief Information Officer, Accident Fund Insurance Company of America.Lansing, MI, joins Jeffrey Mosher for a discussion relevant to most businesses these days. Said begins by defining digital transformation and discussing what today’s customer looks like.

Michael Rogers, communications officer for the Small Business Association of Michigan, talks about how to avoid slips and falls during the variable weather of a Michigan March in a conversation with Mike Eckert, director of loss control services for the Accident Fund Insurance Company of America.

LANSING, MI December12, 2016 —AF Group Earns High Marks as a Best Place to Work | Accident Fund Insurance Company of America