Governor Launches New Office

Governor Launches New Office

Governor Whitmer launched the Community and Worker Economic Transition Office to develop proactive strategies and deploy resources to help companies and residents take advantage of economic opportunities as Michigan shifts to high-tech advancements. The new office...

Committee Considers Business Tax Program

This week, the House Economic Development and Small Business Committee considered bipartisan legislation restoring the 2017 Good Jobs for Michigan program. Under the proposal, companies could keep up to 100% of withholding taxes for new employees. Key Points: The...
Monthly Revenue Increases Year-Over-Year

Monthly Revenue Increases Year-Over-Year

The Senate Fiscal Agency released the January 2023 revenue report, which showed last month’s tax and lottery revenue totaled $3.2 billion, an increase of 8.8% from the prior year. Key Points: Tax revenue was $42.1 million below the projected amount, due to...

A Great Place to Invest

“Why invest in Southeastern Michigan?” “Why now?”  If you are a business interested in expanding or wanting to set a foundation, look no further than Southeast Michigan.  Navigating this region and understanding where businesses can grow and set a foundation is one of...
Unemployment Rate Remains Steady

Unemployment Rate Remains Steady

December’s seasonally adjusted unemployment rate remained unchanged from the prior month at 4.3%. During the month, employment advanced by 8,000, while unemployment was unchanged over the month. Key Points: Total employment slightly grew by 0.2%. The statewide labor...