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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

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

Growing up in Kalamazoo, Rishi Makkar vividly recalls his father working nights mopping floors at a gas station while chairing the criminal justice department at Western Michigan University by day. 

Published in In the News

President-elect Donald Trump will enter office in January with an economy that experts say is stable and growing, but one that could probably do better.

Published in Crystal Ball

LANSING — The Michigan Economic Development Corp. could expand its toolbox of incentives under a proposed payroll tax abatement program.

Published in In the News

Experts in the automotive industry have a simple message for companies figuring out how to navigate a changing vehicle market: Embrace the eventual shift to autonomous cars or you will cease to exist. 

Published in Manufacturing

As the state grapples with the Flint water crisis and a long-term funding solution for Detroit Public Schools, business advocates hope lawmakers will still be able to tackle policies that keep health care costs down, add transparency and help companies attract talent. 

Published in Economic Development

After a marathon session and more than four years of back-and-forth, the Michigan Legislature last night passed a bill that will generate $1.2 billion in revenue from new and existing sources to fix and maintain the state’s roads.

Published in In the News
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