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Michigan Future Business Index Survey for Spring 2022

Michigan Business Network
May 20, 2022 8:00 AM

Michigan small businesses, let your voices be heard!

Chris Holman welcomes back Paul King, President of ROI Insight, Grosse Pointe, MI. Paul has conducted the Michigan Future Business index survey on behalf of Michigan Business Network twice a year since 2011, across three companies.
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Cinnaire’s Resident Rental Relief Fund Provides Support to 450 Families

Michigan Business Network
May 19, 2022 4:00 PM

In January 2021, Cinnaire established the COVID-19 Resident Rental Relief Fund to provide support to renters throughout our footprint suffering from financial hardship due to the pandemic. Cinnaire contributed $250,000 and Delta Dental, the nation’s largest provider of dental benefits, provided a $250,000 contribution to support the COVID-19 Resident Rental Relief Fund. While eviction moratoria helped to keep people housed during the height of the pandemic, many low-income renters faced job loss and income reductions accruing large debts they were not able to repay without additional support.

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PNC Senior Economist Abbey Omodunbi: Existing-Home Sales Fall to Lowest Level Since June 2020

Michigan Business Network
May 19, 2022 1:00 PM

as Rising Mortgage Rates Weigh on Housing Activity

  • Sales of existing homes fell 2.4% to 5.61 million annualized units in April from the prior month, the lowest level since June 2020.
  • The inventory of unsold existing homes in April improved slightly to 1.03 million from 950,000 in March.
  • Sales of existing homes were down on a year-over-year basis in each of the four major U.S. regions.
  • Affordability will erode further as mortgage rates rise, resulting in slower housing activity through 2020
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Michigan Future Business Index Survey for Spring 2022

Michigan Business Network
May 19, 2022 8:00 AM

Michigan small businesses, let your voices be heard!

Chris Holman welcomes back Paul King, President of ROI Insight, Grosse Pointe, MI. Paul has conducted the Michigan Future Business index survey on behalf of Michigan Business Network twice a year since 2011, across three companies.
Read More

MIchigan Business Beat | Ryan Fewins-Bliss Michigan College Access Network Reviews Advocacy Day

Michigan Business Beat
May 18, 2022 4:00 PM

Jeffrey Mosher welcomes back Ryan Fewins-Bliss executive director MCAN - Michigan College Access Network, of Lansing but serving statewide.

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LAFCU Awards $3K to Support Education, Community it Serves

Michigan Business Network
May 18, 2022 3:00 PM

LAFCU awards $3K to teachers at Perry Public Schools

Kindergartners to high school students will be touched by the grants; funds will help boost mental, physical health and engaged learning

 

LANSING, Mich. — LAFCU recently surprised six Perry Public Schools teachers each with a $500 grant.

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Michigan Future Business Index Survey for Spring 2022

Michigan Business Network
May 18, 2022 7:00 AM

Michigan small businesses, let your voices be heard!

Chris Holman welcomes back Paul King, President of ROI Insight, Grosse Pointe, MI. Paul has conducted the Michigan Future Business index survey on behalf of Michigan Business Network twice a year since 2011, across three companies.
Read More

PNC Chief Economist Gus Faucher: Another Big Jump in Industrial Production in April

Michigan Business Network
May 17, 2022 6:00 PM

as Automakers Boost Output

  • Industrial production increased 1.1% in April, the fourth straight increase. Output was up in manufacturing, mining, and utilities.
  • There was a second straight big increase in auto output as the automakers gradually resolve their supply chain problems.
  • Goods inflation will slow through the rest of 2022.
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PNC Chief Economist Gus Faucher: Retail Sales Belie Weak Consumer Confidence, With Strong Growth in Retail Sales in April

Michigan Business Network
May 17, 2022 1:00 PM

Big Upward Revision to March

  • Retail sales increased 0.9% in April, with a big upward revision to sales in March.
  • Sales growth was strong across segments, although gasoline sales fell due to lower prices.
  • Although consumers are concerned about inflation, they continue to spend and sales growth should remain solid throughout 2022.
  • Consumer spending growth will shift to services from goods.
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Michigan Future Business Index Survey for Spring 2022

Michigan Business Network
May 17, 2022 7:00 AM

Michigan small businesses, let your voices be heard!

Chris Holman welcomes back Paul King, President of ROI Insight, Grosse Pointe, MI. Paul has conducted the Michigan Future Business index survey on behalf of Michigan Business Network twice a year since 2011, across three companies.
Read More

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