Displaying items by tag: University of Michigan
A week that was supposed to be bustling with news and information on new office furniture products and innovations in the world of commercial design will be a lot more reserved.
After approving more loans in six weeks than during the prior nearly 60 years combined, the U.S. Small Business Administration now looks to provide debt forgiveness to borrowers.
Leaders at public universities, community colleges and private schools across Michigan are getting a clearer picture of their budget shortfalls resulting from COVID-19, but uncertainty still clouds enrollment prospects and future in-person learning.
University of Michigan researchers told state officials at this month’s revenue estimating conference they anticipate a gradual economic recovery in the next few years, resulting in an unemployment rate of 6.8 percent by the end of 2022.
Federal stimulus funding has started trickling into Michigan to offset costs related to the COVID-19 pandemic, but pressure continues for more sweeping relief to offset losses in sales and income taxes.
Nearly two years after announcing its initial plan, the Trump administration issued a final rule on March 31 that rolls back Obama-era automobile fuel economy standards and requires modest fuel efficiency increases in forthcoming internal combustion models.
An updated economic outlook from the University of Michigan projects a partial recovery for the U.S. in the second half of the year that would follow a deep drop in the second quarter caused by the COVID-19 pandemic.
University of Michigan economists expect the coronavirus and COVID-19 pandemic to drive the U.S. economy into recession for the second quarter.
Economists at Comerica Inc. now expect the U.S. economy to possibly dip negative for the second quarter as a fallout of the coronavirus pandemic.
Today’s emergency interest rate cut could aid a slowing U.S. economy facing a significant threat from the coronavirus outbreak, according to Comerica Inc. economists.