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Regional Business

Lansing 5:01 | Block Aid Returns October 6 to Downtown Lansing

Michigan Business Network
September 30, 2022 5:00 PM

Lansing 5:01 Teams up with Downtown Lansing Inc. for The BLOCK:AID, Thursday, October 6 in Downtown Lansing

Lansing, Mich. – For Lansing 5:01, keeping professionals in Lansing is key to the cultural and economic growth of the region. Building on their efforts over the last seven years to retain and attract talent, Lansing 5:01’s The BLOCK:AID returns this fall to showcase the best of Downtown Lansing to Lansing’s future on Thursday, October 6.

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MBN Speaker Series Event | Panel Discussion: Corporate Transparency Act

Michigan Business Network
September 30, 2022 4:00 PM

Todd McCracken, current president of the National Small Business Association shares the stage with Foster Swift Attorney Robert Hamor for a panel discussion led by MBN's Chris Holman to cover a crucial topic for small businesses: The Corporate Transparency Act.

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JA of Mid Michigan Welcomes New Program Coordinator

Michigan Business Beat
September 30, 2022 3:00 PM

Junior Achievement of the Michigan Great Lakes recently announced Tammy Conner as the new Program Coordinator for JA of Mid Michigan.
 
Tammy will be developing and maintaining relationships with volunteers, businesses, teachers, and school personnel. She will be connecting volunteers with schools to fill all scheduled JA classes, events, and programs.
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PNC Chief Economist Gus Faucher: Modest Gains in Household Incomes and Spending;

Michigan Business Network
September 30, 2022 1:00 PM

Inflation Accelerated From August

  • There were modest increases in nominal household income and consumer spending in August. 
  • Overall inflation slowed in August but remains much higher than the Federal Reserve would like. 
  • Inflation-adjusted after-tax income and consumer spending both rose in August. 
  • Consumer spending continues to raise, but the drivers are turning less positive. 
  • The Fed will continue to raise interest rates in the near term to slow inflation. 
  • The most likely outcome is modest economic growth in 2023, but recession risks are elevated.
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Governor Whitmer Announces Another Four Infrastructure Projects Completed as the State Continues to Fix Roads and Bridges at a Record Pace

Michigan Business Network
September 30, 2022 7:00 AM

In 2022, Gov. Whitmer is making the largest infrastructure investment in Michigan’s history   

LANSING, Mich. -- Today, Governor Gretchen Whitmer announced the completion of four infrastructure projects in Alger, Baraga, Montcalm, and St. Clair counties as the administration continues to fix roads and bridges at a record pace across the state.

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The Right Place's 26th Annual Economic Outlook

Michigan Business Network
September 29, 2022 6:00 PM

Save the Date!

December 8, 2022 | 8:00 A.M. - 10:00 A.M.

The JW Marriott - Downtown Grand Rapids


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Treasury: Claim Home Heating Credit by Friday

Michigan Business Network
September 29, 2022 2:00 PM

Applications Must Be Received by Friday, Sept. 30, 2022

LANSING, Mich. – Qualified homeowners or renters have less than a week to apply for Michigan’s Home Heating Credit, according to the Michigan Department of Treasury.

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PNC Chief Economist Gus Faucher: GDP Revisions Indicate Weaker Economy in First Half of 2022

Michigan Business Network
September 29, 2022 1:00 PM

Than Initially Reported

  • The contraction in real GDP in the first half of 2022 was unrevised with the release of the annual revisions. But growth in real domestic income was revised much lower in the first half of the year, although it still increased in both the first and second quarters. 
  • With the revisions to real GDP the contraction in real GDP was slightly smaller than initially reported, and the recovery through 2021 was slightly stronger. 
  • Recession risks are elevated with the Federal Reserve aggressively raising interest rates in 2022.
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Treasury: Learn How to Pay for College at a ‘Virtual Financial Aid Night’

Michigan Business Network
September 29, 2022 12:00 PM

MI Student Aid Team Aims to Reach Students and Families in Need of College Financial Aid

LANSING, Mich. – With the 2023-24 Free Application for Federal Student Aid (FAFSA) becoming available on Oct. 1, students and families looking for help paying for college are encouraged to register for a Virtual College Financial Aid Night provided by Michigan of Treasury’s MI Student Aid team.

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Peters Bipartisan Bill to Save Taxpayer Dollars by Improving How Federal Agencies Purchase Software Heads to Senate Floor

Michigan Business Network
September 29, 2022 8:00 AM

Legislation Builds on Peters’ MEGABYTE Act That Has Saved Taxpayers More than $450 Million

WASHINGTON, DC – Bipartisan legislation authored by U.S. Senator Gary Peters (MI) to save taxpayer dollars by improving management of how the federal government purchases and uses software has advanced in the Senate. The bill would require agencies to conduct an independent, comprehensive assessment of their software licensing practices. This would be used by Congress, the Office of Management and Budget (OMB), and the General Services Administration (GSA) to increase federal oversight of software contracts in order to streamline operations and reduce wasteful spending. The bill was advanced by the Senate Homeland Security and Governmental Affairs Committee where Peters serves as Chair, and now moves to the full Senate for consideration. The legislation builds on a law written by Peters to reduce duplicative software purchases called the MEGABYTE Act. Since being signed into law, this legislation has saved taxpayers more than $450 million. The bill now heads to the Senate floor for consideration.

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