Everybody knows the U.S. economic expansion that’s approaching a decade in duration will eventually come to an end. When that dip will actually occur remains the unknown, as assorted economic outlooks continually predict slower growth ahead, but stop short of forecasting an outright recession.
GRAND RAPIDS –– An array of organizations in West Michigan have launched new initiatives aimed at bridging the wealth gap in a region characterized by vast income disparities.
The tax cut enacted by Congress has Fifth Third Bancorp planning to raise the minimum wage it pays employees to $15 an hour and pay a $1,000 one-time bonus.
The reform proposal rolled out by Republicans in Congress to rewrite the U.S. tax code creates the proverbial winners and losers, sources say.
Despite political uncertainty and fears of an impending economic slowdown, commercial real estate and construction stakeholders have faith in the fundamentals of the industry in West Michigan.
GRAND RAPIDS — Facing a dearth of high-amenity space in the downtown Grand Rapids market, commercial real estate stakeholders hope developers can soon begin to add Class A office inventory.