Displaying items tagged: PNC Bank

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.

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. 

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

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.

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.

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

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

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.

Professionals working in mergers and acquisitions in West Michigan expect strong deal flow to continue in 2017, maintaining a seller’s market.

Economists expect Michigan to maintain economic growth in the coming year, albeit at a slower pace that will further tighten labor markets.

Kalamazoo-based First National Bank of Michigan plans to open a Holland office five years after moving into the Grand Rapids market.

First National Bank (FNB) of Michigan plans to open a Holland office and has hired a veteran banker as market leader.

Zelenka Farms has emerged from bankruptcy under new ownership and a new name.  

Sometimes you’ll do things for family that you won’t do for others.

A wholesale nursery with operations in West Michigan has filed for Chapter 11 bankruptcy after struggling financially for several years. 

Bankers say they hear it regularly from their clients: It’s gotten awfully hard to find good talent these days.

A handful of economic outlooks and surveys signal that Michigan’s economy should continue on an upward trajectory for the second half of this year and into 2017. 

A handful of economic outlooks and surveys signal that Michigan’s economy should continue on an upward trajectory for the second half of this year and into 2017. 

Economic outlooks project further job growth in Michigan through 2016 and into 2017, albeit at a slower rate than past two years.

ZEELAND — Manufacturers have had to get creative in balancing the dual workforce needs of attracting new talent — particularly young people — and retaining their existing workers.