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While countless manufacturers throughout West Michigan have lamented the lack of available talent, evidence shows the workforce constraint has finally affected the industry’s ability to grow.

Published in Manufacturing

Economic outlooks project modest growth in the U.S. for the rest of this year and through 2018, along with further increases in interest rates.

Published in Economic Development

Economic growth across markets in Western Michigan eased during 2016, falling closer in line with the rate experienced throughout the U.S.

Published in In the News

Ask West Michigan manufacturers how they’re addressing the challenges of finding qualified workers, and many of them likely will cite automation equipment as a key part of their solution.

Published in Manufacturing

When it comes to the economy in 2017, Grand Valley State University’s Paul Isely largely expects business as usual. However, the associate dean and professor of economics at the Seidman College of Business notes that rising wage pressures on businesses may start pulling the economy into a recession in 2018. While he expects the economy to remain robust, Isely told MiBiz he worries what the incoming presidential administration’s trade and immigration policies could do to businesses in West Michigan in 2017 and beyond. 

Published in Crystal Ball

After months of depressed oil prices, West Michigan manufacturers with operations in the oil-and-gas industry could soon experience a reprieve. 

Published in Manufacturing

Despite ongoing concerns about a talent gap, employment in West Michigan’s construction industry continues to rise. 

Published in Manufacturing

According to the most recent state jobs data, wages for manufacturing production workers in May sunk to their lowest levels in the last 12 years as the average hours worked dipped to the lowest point since 2009. Meanwhile, the number of people working in manufacturing hit its highest level in almost a decade.

Published in Manufacturing

After driving the West Michigan economy for several years, the manufacturing sector has reached a holding pattern of flat growth that has economists on the lookout for the next downturn in the business cycle. 

Published in Manufacturing

While the economy will continue to grow into the new year, it will be at a more tempered rate than in 2015, primarily because of less job growth in the manufacturing sector than in the past, says Paul Isely, the associate dean of the Seidman College of Business at Grand Valley State University.

Published in Crystal Ball
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