In a recent statewide survey of 691 small to medium size businesses, respondents to the latest Michigan Future Business Index (MFBI) survey indicated that while inflation is the biggest challenge for small businesses, finding customers and acquiring talent are close behind. While reports of increased profits and new hires over the past six months have ticked up slightly since Q4 2023, reports of sales and wage increases are unchanged since then.
Even as Inflation Slows
LANSING, Mich. – Not seasonally adjusted jobless rates rose in all 17 Michigan labor market areas over the month, according to data released today by the Michigan Department of Technology, Management & Budget.
“Michigan regions experienced typical jobless rate gains during June,” said Wayne Rourke, labor market information director for the Michigan Center for Data and Analytics.
Funding will help “Bgwasendam Gamigong,” or Lodge of Hope homeless shelter, expand services to the community
Sault Ste. Marie, Mich. – Michigan legislature included and Gov. Whitmer has now signed a total appropriation of $1.25 million in next year’s state budget that will support the Bgwasendam Gamigong, or Lodge of Hope shelter. The funding includes $500,000 from the Department of Health and Human Services and $750,000 from the Department of Labor and Economic Opportunity. The Sault Tribe-operated facility opened in August 2023 with 21 rooms and is only the second homeless shelter in the Upper Peninsula.
From the Desk of Michigan Chief Mobility Officer Justine Johnson
Hello -
This week the Community Economic Development Association of Michigan (CEDAM) closed applications for the inaugural cohort of its Michigan Mobility Fellows Program, a highly selective 15-month fellowship that attracts talent from all over the country to gain real-world experience in transportation planning and mobility innovation.
$50,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative
LANSING, Mich. – The Neighbors of Belknap Lookout and Lions & Rabbits Center for the Arts are collaborating on a series of new public art initiatives on Grand Rapids' North side through the anticipated success of a crowdfunding campaign.
"Getting A Grip" is a brand new show for Michigan Business Network, hosted by long-time MBN contributor Michael Maddox. Presented below is Episode 11!
In this weekly program Mike's interview, covers his guest's entrepreneurial journey, the importance of an abundance mindset, and the personal impact of EOS, in this episode of "Getting a GRIP"
This week's guest Joe Heraldo, Professional EOS Implementer
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From the Desk of Michigan Chief Mobility Officer Justine Johnson
Hello -
This week the Community Economic Development Association of Michigan (CEDAM) closed applications for the inaugural cohort of its Michigan Mobility Fellows Program, a highly selective 15-month fellowship that attracts talent from all over the country to gain real-world experience in transportation planning and mobility innovation.
EAST LANSING, Mich. – Cleaning up polluted shorelines is revitalizing local economies as well as ecosystems, according to a recent analysis from economic consulting firm Anderson Economic Group, LLC.
AEG estimated that restoring three of the most polluted locations in Michigan – Deer Lake, White Lake, and the Menominee River – has produced $138 million in benefits. The firm found that property values tend to appreciate faster relative to similar locations after remediation actions. Cleaner water, natural shorelines, and enhanced public access can significantly increase the desirability of nearby communities.
