Economy

MLive

The Michigan Economic Center has released the results of a new survey with some attention-getting  numbers in it.  The MEC’s “Michigan Dream Restored” project  studied attitudes toward “public goods” -- all the things that our tax dollars pay for -- and asked hundreds of Michigan residents how important those public goods actually are in terms of  stimulating the Michigan economy.    

A report released Tuesday afternoon by the Detroit emergency review team all but clears the way for Governor Snyder to appoint an emergency manager to take over the city’s finances. This scenario is nothing new to Flint, where, in late 2011, Governor Snyder appointed Michael Brown as emergency manager.  

We speak with Brown, as well as Flint Mayor Dayne Walling, about what the experience is like and what Detroit officials can learn from it.

Detroit's financial woes may lead to drastic action

Feb 18, 2013
Courtesy of Patricia Drury (Wikimedia Commons)

State officials and many in southeast Michigan have been keeping a very close eye on financial reports coming out of Detroit.  Sunday's Detroit Free Press reported that an emergency financial report completed late Friday suggests an emergency manager is inevitable.  The report found the city’s deficit continues to grow even after some degree of state oversight for more than 10 months.  

Free Press reporter and columnist Nancy Kaffer joins us to explain one of the biggest, ongoing stories in Michigan.

Lansing business news with MLive's Angela Wittrock

Feb 11, 2013

MLive's Lansing beat reporter Angela Wittrock joins us every Monday for a rundown of the latest news about the local economy, business and development. 

Starting in 2005, General Motors closed several of its mid-Michigan factories, including Lansing Car Assembly and the Craft Centre.  The economic blow was devastating to thousands of families who had given generations of service to America’s auto industry.  Now, a new task force is working to bring families, businesses and neighborhoods together to plant new seeds in those vacant brownfields.

A new task force will devise strategies for bringing more automotive manufacturing to the Lansing area, and redeveloping former General Motors properties that have been idle for years. 

 delegation of East Lansing-based economic developers recently returned from an encouraging visit to Istanbul.  

Lansing Players Part of Michigan Garment Sector

Jan 31, 2012
Mark Bashore / WKAR

Economic developers have their sights on what they’re calling a “burgeoning” part of Michigan’s economy—the garment industry.  East Lansing’s Prima Civitas Foundation wants to connect scattered designers and manufacturers and morph them into a greater economic force.  

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