Community banks based in West Michigan posted solid loan growth in the last few months, continuing recent momentum brought about by the state’s improved economy.
After a marathon session and more than four years of back-and-forth, the Michigan Legislature last night passed a bill that will generate $1.2 billion in revenue from new and existing sources to fix and maintain the state’s roads.
LANSING — As the governor and legislators struggle to agree on a plan to fund upgrades to Michigan’s aging road system, Rich Studley worries that failure to resolve the issue hurts the state’s reputation and business climate.
LANSING — Business advocates and public-policy researchers say there is a major hole in Michigan’s legislative process that leaves businesses, individuals and local units of government unsure of the costs that might come with new laws.
Put a group of local executives together to talk about their hiring needs and it probably won’t be long before the phrases start to fly.
Michigan’s business community appears to lack a unified front as the May 5 election approaches for Proposal 1, a major ballot measure seeking to overhaul the state’s mechanism for transportation funding.
While Gov. Rick Snyder famously campaigned against the government picking winners and losers, the state’s economic development agency during his first term made a clear bet on one segment of the Michigan economy: manufacturing.
A skilled workforce is right near the top of just about every business and political leader’s wish list in Michigan.
The Business Leaders for Michigan (BLM) has long advocated to make Michigan a top 10 state for jobs, personal income and a healthy economy. But a new report by the group shows that its lofty goal could be difficult to achieve given current trends.
Michigan continues to rank 13th in the U.S. for its overall business tax burden, holding to a position that improved significantly in the last few years after legislators enacted sweeping changes to the state’s tax code.