Business Watch

A pair of new reports on the state's economy show stagnation. But in Michigan, avoiding further declines can be a win.

Most of the 1,000 jobs were cut from the GM Tech Center in Warren. It’s the second layoff round there in months.

New local, state and federal officials raise questions about funding for potential $55B deal.

Several proposals have not crossed the finish line in this session, including a $6 billion plan that could fund large-scale incentives for 10 years.

Northern Michigan University’s new president plans to strengthen economic ties between the school and Marquette.

The industry has faced drastic price drops since a 2021 peak.

Marquette is changing fast. Check out these then-and-now photos chronicling the differences and send us photos of the city.

Growth and change has come fast to the Upper Peninsula’s biggest city, along with a new rallying cry: ‘Don’t Traverse City my Marquette.”

Overrun by visitors, the city stops marketing some of its most famous attractions and launches an etiquette campaign. ‘We have a love-hate relationship with the tourism industry,’ one Marquette official says.

Michigan is mired at 39th among states in income, continuing a long decline after once being among the top 10 in states, new data shows.

The U.S. Department of Agriculture awarded $2 million to Michigan farmers who cultivate specialty crops.

Michigan’s cherry growers impacted by a mild winter, early spring and heavy rainfall prompted the U.S. Department of Agriculture to declare 11 counties natural or contiguous disaster areas.

Universities have an obligation to help create jobs to ensure students stay in Michigan, U-M President Santa Ono told a gathering at the Detroit Economic Club.

Political differences over EVs could threaten Michigan’s economic future, a new poll suggests, with nearly half of residents willing to cede the state’s leadership in auto manufacturing.

Volunteers from the Red Cross and DTE are heading to Florida to assist with disaster relief as Hurricane Milton approaches the mainland. The storm is expected to arrive Thursday and cause catastrophic damage.

A new indoor water park at Bavarian Inn Lodge in Frankenmuth includes the first adults-only swim-up pool bar in Michigan. The water park is part of an $80 million expansion.

The Michigan Public Service Commission hired an independent consulting group to audit DTE Electric and Consumers Energy. The audit found that outage durations were ‘worse than average’ compared to other utility companies.

The long-awaited cut to the interest rate that guides how much consumers pay to borrow money came in on Wednesday at 0.5%.

Household income down 3% since 2019 when adjusted for inflation. Despite other rosy economic data, median household income fell in 30 of 50 states since 2019 when adjusted for inflation.

Automaker announced $406 million in investments to add EV capability in 3 legacy factories in the state.