Lansing, MI – Three professors from among Michigan's 15 public universities who are leaders in their field and passionately dedicated to student success have been selected as Distinguished Professor of the Year Award recipients.
Michigan Business Network
April 10, 2024 8:30 AM
Lansing, MI – Three professors from among Michigan's 15 public universities who are leaders in their field and passionately dedicated to student success have been selected as Distinguished Professor of the Year Award recipients.
Michigan Business Network
April 10, 2024 8:15 AM
EAST LANSING, Mich. – The net economic impact of the 2024 NFL draft in downtown Detroit is expected to exceed $160 million, according to new analysis from economic consulting firm Anderson Economic Group, LLC.
AEG found that the draft will have a direct economic impact of $97,513,500 on Detroit, with an estimated $35,113,500 in total expenditures of attendees, after accounting for substitution.
To complete this analysis, AEG followed a methodology that considers both direct investment and spending that will generate economic impact, and indirect economic activity.
Michigan Business Network
April 10, 2024 7:00 AM
WASHINGTON, D.C. – U.S. Senator Gary Peters (MI), Chairman of the Homeland Security and Governmental Affairs Committee, introduced legislation to address historic levels of fraud within federal funds that were passed to help Americans through the COVID-19 pandemic.
Michigan Business Network
April 9, 2024 3:00 PM
LANSING, Mich. – State Treasurer Rachael Eubanks today announced a total of $2.8 million is being awarded to 13 municipalities through the Financially Distressed Cities, Villages and Townships (FDCVT) Grant Program.
Michigan Business Network
April 5, 2024 1:00 PM
But Continuing Claims Fell; Solid Job Growth Expected for March
• Initial claims for unemployment insurance rose somewhat in the week ending March 30, but remained in their 2024 range.
• Continuing claims fell slightly.
• The US labor market remains very strong.
Michigan Business Network
April 5, 2024 12:00 PM
WASHINGTON, D.C. – U.S. Senator Gary Peters (MI), Chairman of the Homeland Security and Governmental Affairs Committee, introduced bipartisan legislation to help ensure federal agencies are buying high-quality products and saving taxpayer dollars. The senator’s bill creates a pilot program requiring federal agencies to consistently track whether they are getting a good return on investment when awarding contracts for these goods and services.
Michigan Business Network
April 5, 2024 11:00 AM
Unemployment Rate Remains Historically Low; No Red Flags
• The March jobs report was very strong, with job gains of above 300,000 and a small decline in the unemployment rate to 3.8%.
• The details were good, with a big increase in the labor force.
Michigan Business Network
April 5, 2024 9:00 AM
WASHINGTON, D.C. – U.S. Senator Gary Peters (MI), Chairman of the Homeland Security and Governmental Affairs Committee, introduced bipartisan legislation to increase transparency and oversight of federal telework policies. During the COVID-19 pandemic, agencies maximized federal employee use of telework, and following the end of the public health emergency have shifted to a return-to-office transition.
Michigan Business Beat
April 3, 2024 6:00 PM
Michigan Business Network
April 3, 2024 5:30 PM
Posting 51.4 in Second Consecutive Monthly Moderation
• The topline ISM Services PMI came in at 51.4 for March 2024.
• The Business Activity component of the ISM Services PMI remained solid at 57.4 as businesses continue to service current demand.