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Michigan’s business climate has made great strides in recent years, but there’s still lots of work to do. That was the message delivered in late November by Doug Rothwell, the president and CEO of Detroit-based Business Leaders for Michigan, the state’s business roundtable. Released at the organization’s annual CEO Summit, the latest Economic Competitiveness Benchmarking Report shows the state continues to make improvements in terms of jobs, income and productivity, but it still lacks in college and career readiness and educational attainment, for example. And while incomes have improved, Michigan continues to lag other peer states, according to the data. 

Published in Crystal Ball

DETROIT –– Just a few years ago, Doug Rothwell could look at various bits of Michigan’s economic data and see few paths that led to the state becoming a “Top 10” state.

Published in Economic Development

More than 130 startups sought capital this year from a state-backed fund, far exceeding expectations and serving as another example of the need for funding at the earliest stages of the capital continuum.

Published in Small Business

GRAND RAPIDS & BIG RAPIDS — For the first time in its history, Ferris State University plans to undertake a comprehensive capital campaign with the goal of raising $80 million. 

Published in In the News

The reform proposal rolled out by Republicans in Congress to rewrite the U.S. tax code creates the proverbial winners and losers, sources say.

Published in In the News

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 In the News

Controversial economic development legislation passed the Michigan House on Wednesday afternoon, setting the stage for Gov. Rick Snyder’s likely signature.

Published in In the News

Economists expect Michigan’s economy to grow through 2017, although at a little slower pace as automotive sales dip and the state’s manufacturing employment follows suit.

Published in Economic Development

Did you know Grand Rapids is among the fastest-growing local economies in the country? If you spent time with me or The Right Place recently, you certainly did. We’re beaming with pride about the collaboration happening to build and ensure a vibrant, growing city and region with opportunity for everyone. A rebounding business climate and strong placemaking has allowed diverse companies to flourish and find success here, while employing local residents in critical, good-paying jobs.

Published in Sponsored content

When it comes to economic development efforts in Michigan, practitioners and policymakers say it’s important to legislate the tools to attract and retain companies, not individual projects.

Published in Economic Development
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