Sales Were Also Down From Past Year
- Existing home sales fell in June, both month-over-month and year-over year.
- Both existing single-family and condo and co-op sales dropped on the month and on a year-ago basis.
The Growth Office builds on the Growing Michigan Together Council's recommendations to retain and attract talent in Michigan
LANSING, Mich. – Friday, the Michigan Economic Development Corporation (MEDC) announced the creation of Michigan’s Growth Office. The Office is tasked with implementing the Growing Michigan Together Council’s blueprint for growth, passed 19-1 in December 2023.
2023 Research “Michigan’s Path to a Prosperous Future” Awarded “Most Effective Education” by National Peer Organization
Citizens Research Council Honored for 2nd Consecutive Year
Funding will support companies advancing the development and deployment of AAM technologies and infrastructure
LANSING, Mich. -- Last Wednesday, Lieutenant Governor Gilchrist announced that four projects will receive $6.25 million in total funding to scale critical AAM infrastructure and deploy pilots that will generate operational data to validate the commercial potential of key AAM use cases and help inform the state’s AAM policy.
New Renewables Ready Communities Program will help Michigan build out more wind, solar, clean energy projects faster to meet climate goals, make more American energy using American workers
LANSING, Mich. – Monday, Governor Gretchen Whitmer announced the U.S. Environmental Protection Agency (EPA) has awarded the State of Michigan $129.1 million from the Biden-Harris administration’s Inflation Reduction Act’s (IRA) Climate Pollution Reduction Grant (CPRG) program to accelerate the deployment of renewable energy like wind, solar, and storage.
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.
New jobs programs and pipelines to get Michiganders into needed manufacturing jobs
MACOMB COUNTY, Mich. -- Monday, Governor Gretchen Whitmer joined Secretary of the Navy Carlos Del Toro, the U.S. Department of Defense, and the U.S. Department of Labor to officially launch the Michigan Maritime Manufacturing (M3) Initiative, a more than $50 million partnership aimed at building a workforce ready to lead the future of defense manufacturing.
Share Biggest Challenges Facing American Companies
PNC recently sponsored a survey of 300 U.S. CFOs* to understand their expectations about Federal Reserve interest rates through the end of 2024, as well as their intended actions and business implications if rates are cut.
to Seven Michigan Communities
LANSING, Mich. – The State Historic Preservation Office (SHPO) has awarded $250,000 in grants to seven Michigan communities, the Michigan Strategic Fund announced today. The grants represent awards from the federal Historic Preservation Fund (HPF)-Certified Local Government (CLG) program administered by SHPO and will benefit local preservation and community planning goals in Charlevoix, Coldwater, Detroit, Flat Rock, Holland, Livonia, and Washtenaw County.
to Revitalize Detroit House of Corrections Site
Plymouth Township, MI – The Michigan State Land Bank Authority (SLBA) is proud to announce an innovative partnership with REDICO aimed at revitalizing and rejuvenating a historic site in Metro Detroit – the former Detroit House of Corrections (DeHoCo). This collaboration marks a major stride in the redevelopment of a historically significant location.
In Partnership With
