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PNC Chief Economist Gus Faucher: ISM Services Index at All-Time High in March

Michigan Business Network
April 5, 2021 1:00 PM

  • The ISM service index surged in March, to an all-time high. Details were very strong.
  • The ISM manufacturing index rose in March to its highest value since 1983.
  • U.S. economic growth will be very strong this year due to stimulus and rising vaccinations.
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AG Nessel Continues Commitment to Consumer Protection with Another Round of Informative Videos

Michigan Business Network
April 5, 2021 12:00 PM

LANSING – To ensure Michiganders remain hyper vigilant about protecting themselves from bad actors seeking to steal personal information, Michigan Attorney General Dana Nessel today announced another series of informative and humorous videos focused on consumer protection.

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Attorney General Nessel Joins Coalition in Fight for Renewable Fuel Industry in the U.S. Supreme Court

Michigan Business Network
April 5, 2021 8:00 AM

LANSING – Michigan Attorney General Dana Nessel joined a coalition of attorneys general in filing an amicus brief in the United States Supreme Court supporting several renewable fuels and agricultural associations in their challenge to the EPA’s award of the small-refinery exemptions to the Renewable Fuel Standard (RFS).  

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PNC Chief Economist Gus Faucher: Hiring Soars with Job Growth of 916,000 in March

Michigan Business Network
April 2, 2021 6:00 PM

Unemployment Rate Down to 6.0%; Strong Labor Market Recovery

  • Employment rose by 916,000 in March, above consensus expectations for an increase of 630,000.
  • The unemployment rate fell to 6.0% in March, from 6.2% in February.
  • Job growth will be very strong through the rest of 2021 and into 2022 thanks to stimulus and vaccines.
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AG Nessel Notifies Michigan Tenants of CDC Eviction Moratorium Extension

Michigan Business Network
April 2, 2021 5:00 PM

LANSING – As people across the nation struggle to pay monthly rent, Attorney General Dana Nessel is alerting Michigan tenants to an extension of the Centers for Disease Control (CDC) eviction moratorium – now extended through June 30, 2021.  If qualified, tenants must fill out an eviction protection declaration form and provide it to their landlord. 

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PNC Chief Economist Gus Faucher: March ISM Manufacturing Index Highest In Almost Four Decades

Michigan Business Network
April 2, 2021 3:00 PM

 As Recovery Accelerates

  • The ISM manufacturing index jumped sharply in March, to its highest level since 1983.
  • There was strength across all aspects of manufacturing, and across all manufacturing industries.
  • Manufacturing will remain very strong through 2021 as the U.S. economy recovers from the pandemic.
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Mergers & Acquisitions Landscape in Michigan

Michigan Business Beat
April 2, 2021 11:00 AM

Nicholas Oertel, lawyer and partner of Foster Swift Collins and Smith, talks with Michigan Business Network about the current state of Mergers & Acquisitions in Michigan. In the interview, Nick covers the view of the current M&A landscape in Michigan, Foster Swift's M&A group, special issues with transactions during the COVID, and tax issues of buying or selling a business.

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PNC Senior Economist Bill Adams: Initial Claims Edge Higher on the Week but Trend Is Still Lower

Michigan Business Network
April 1, 2021 1:00 PM

claims show much more severe joblessness than the unemployment rate suggests

Initial claims for unemployment insurance rose on the week in the last week of March, but the trend is still lower.

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Clark Schaefer Hackett | Employee Retention Credit Extended; Eligibility Expanded

Michigan Business Network
March 31, 2021 2:00 PM

PPP Extension Act Signed by President — PPP applications open through May

 

On Tuesday, the President signed the PPP Extension Act of 2021. The legislation gives Paycheck Protection Program (PPP) applicants more time to file: the deadline is now moved from March 31 to May 31, 2021. CSH’s Kevin Dehner and Phil Hurak provide the latest update to this popular loan program.

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What Is Success in 2021?

Michigan Business Network
March 30, 2021 2:00 PM

How many “Biggest challenges of small businesses” articles have you read in the past six months? 10, 50, 100? There is no lack of information on issues confronting small businesses, particularly post-COVID. But knowing the challenges is not the same as knowing how to solve them. The real challenge, then, is about “how.” How does your business respond?

 

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