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Regional Business

MDHHS Launches Vaccination Partnership with Universities and Colleges, Expands Mobile Vaccination Sites with Community Partners in Neighborhoods

Michigan Business Network
April 9, 2021 9:00 AM

MDHHS leverages mobile network to increase vaccination of vulnerable populations  

LANSING, MICH. With all Michiganders eligible to receive one of the three safe and effective COVID-19 vaccines, the Michigan Department of Health and Human Services (MDHHS) is continuing its efforts to equitability distribute and increase vaccine accessibility. This now includes vaccine allocation to universities and colleges and expanded mobile sites in communities across the state.  

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MEDC | Michigan Business Report

Michigan Business Network
April 8, 2021 6:00 PM

Upcoming Virtual Michigan Furniture Industry Symposium

MEDC’s Pure Michigan Business Connect is partnering with Lakeshore Advantage and The Right Place to host a virtual Michigan Furniture Industry Symposium on Thursday, May 13, strengthening Michigan’s position as a leader in the commercial furniture manufacturing industry.

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PNC Chief Economist Gus Faucher: Initial UI Claims Still Stuck Above 700,000

Michigan Business Network
April 8, 2021 1:00 PM

Despite Improving Labor Market
  • Initial claims for unemployment insurance rose somewhat in the week ending April 3; there was also a small increase in the four-week moving average. Layoffs remain extremely high.
  • The total number of people receiving some form of unemployment benefit remained extremely elevated, at above 18 million, in the week ending March 20
  • The labor market recovery is picking up in the spring thanks to stimulus and vaccines.
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PHOTOS: Governor Whitmer Visits Lowell Road Bridge over I-69 in Lansing

Michigan Business Network
April 8, 2021 11:00 AM

LANSING, Mich. -- Yesterday, Governor Gretchen Whitmer traveled to the Lowell Road bridge over I-69 in Clinton County to discuss her Rebuilding Michigan plan, which is already in the process of fixing or repairing state highways and bridges that are critical to the state's economy and carry the most traffic. The I-69 project is part of a $43.7 million Rebuilding Michigan investment that would rebuild I-69 from I-96 to Airport Road. 

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MEDC | Business Expansions Bring New Investments, Signal Continued Economic Recovery in Michigan

Michigan Business Network
April 8, 2021 9:00 AM

• Projects building on Governor Whitmer’s Back to Work Michigan plan expected to generate total private investment of $11.3 million, create 192 jobs in Michigan
• Leading Michigan-based HVAC provider Goyette Manufacturing expanding headquarters in Flint, creating 90 jobs
• Nutritional supplement manufacturer Uckele expanding in Adrian, adding 102 jobs
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SBA to Open Shuttered Venue Operators Grants for Applications on April 8 at 12 p.m. EDT

Michigan Business Network
April 8, 2021 7:00 AM

Help is here with $16.2 billion for venues, theatres, and more 

WASHINGTON – The U.S. Small Business Administration will officially open the Shuttered Venue Operators Grant (SVOG) application portal tomorrow, April 8, 2021 at 12 p.m. EDT for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and talent representatives to apply for critical economic relief, as those eligible entities are some of the first that had to shutter their doors a year ago in response to the COVID-19 pandemic.

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PNC Chief Economist Gus Faucher: FOMC Minutes Point to Continued Expansionary Monetary Policy

Michigan Business Network
April 7, 2021 4:00 PM

Even With Stronger Outlook
  • The minutes from the March 16-17 FOMC meeting noted an improvement in the economic outlook.
  • Although the outlook was improved, participants noted that economic activity was still well below potential and that inflation remained below the 2% objective.
  • The FOMC reaffirmed its commitment to highly expansionary monetary policy until there was significant, broad-based improvement in the labor market and inflation was at the 2% objective.
  • Participants emphasized the need for actual progress in the economy, and not just forecasts for progress.
  • PNC expects the FOMC to reduce its asset purchases starting early next year. PNC does not expect the FOMC to increase the fed funds rate until late 2023.
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Gov. Whitmer & Lt. Gov. Gilchrist on the Biden Administration’s Steps to Expand Health Care Coverage Under Healthy Michigan Plan

Michigan Business Network
April 7, 2021 3:15 PM

LANSING, Mich.  Governor Gretchen Whitmer and Lieutenant Governor Garlin Gilchrist II released the following statements after the Biden Administration sent a letter to Michigan announcing that it has taken steps to ensure greater access to health care under the Healthy Michigan Plan by removing restrictive Medicaid work requirements that were put in place under the Trump Administration.

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PNC Senior Economist Bill Adams: Record High Trade Deficit in February

Michigan Business Network
April 7, 2021 2:00 PM

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MEDC | Crowdfunding Campaign Launched for “ArtPath | Public Art on the Lansing River Trail 2021” Project

Michigan Business Network
April 7, 2021 12:00 PM

$7,500 goal to win matching grant through MEDC’s Public Spaces Community Places initiative

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