Optimism about the economy remained high going into the third quarter among Michigan businesses surveyed by PNC Bank.

Published in Economic Development

Rising interest rates won’t lead to change in how banks underwrite credit, although business borrowers need to monitor their effects if they opt for a variable-rate commercial loan.

Published in Finance

Comerica Inc. Chief Economist Robert Dye sees Michigan’s economy performing in the second half of 2018 much as it has in the first half, with continued growth but at a decidedly slower rate than in past years. 

Published in Economic Development

Brian Long anticipated by now to see proof that the U.S. economy had started to flatten out. 

Published in Economic Development

The local and national retail industry faces many headwinds, but reports of its death have been greatly exaggerated.

Michigan’s economy should remain in good shape for the foreseeable future, according to results of a semi-annual survey PNC Bank conducts with small and medium-sized business owners.

Published in Breaking News

Among the commercial and industrial borrowers at Lake Michigan Credit Union, about one-third are expanding or buying new equipment that’s needed to grow their businesses.

Published in Finance

Over the past decade, many small business owners put off expansions or capital equipment purchases for as long as they could.

Published in Small Business

A new partnership and grant dollars aim to help train future technology sector employees.

Published in Breaking News

Small and mid-sized business owners in Michigan are more optimistic about the foreseeable future than they have been in five years, according to a spring survey by PNC Bank.

Published in Breaking News
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