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Economics Dept.: Foreclosure Sales Plunge

Sales of real estate in foreclosure plunged from year-ago levels across southeast Michigan in July, according to figures released Tuesday by the Farmington Hills real estate data provider Realcomp II...

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Economics Dept.: Michigan Economy Surges in July

Comerica Bank’s Michigan Economic Activity Index climbed three points in July, to a level of 87. July’s reading is up 16 points from the year-ago level, the largest year-on-year Index increase since...

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Economics Dept.: PMI Shows Slower Growth

The Southeast Michigan Purchasing Managers Index dropped from 56.7 in July to 54.2 in August. Levels above 50 on the index show economic growth, so the change suggests the metro Detroit economy...

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2 Americans, 1 British-Cypriot Win Econ Nobel Prize

Americans Peter Diamond and Dale Mortensen and Christopher Pissarides, a British and Cypriot citizen, have won the 2010 Nobel economics prize. The Royal Swedish Academy of Sciences says they won the...

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Event Notices From October 14

Automation Alley Events Explore Health Care IT: The need to use health information technology to improve patient care, health care quality and clinical outcomes emerged as a matter of national policy...

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Economics Dept.: Mich. Consumer Confidence Hits Five Year High

Despite Michigan’s continued economic malaise, residents’ optimism about the future is at its highest in nearly five years, according to Michigan State University’s latest State of the State Survey....

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UM: Slow Recovery Will Pick Up Speed

While the nation’s economy will gain some momentum in the second half of next year, it will take until 2012 before unemployment finally begins to subside, say economists at the University of Michigan....

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Churches Not Immune From The Foreclosure Crisis

DETROIT (WWJ) Not even the religious community is immune to tough economic times. WWJ NewsRadio 950′s Rob Sanford reports that in the last two years, more than 200 churches have been foreclosed on...

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If You’re Happy And You Know It…Do You Live In Detroit?

DETROIT (WWJ) – Where do the happiest people live?  A new Gallup-Healthways Well Being Index says it’s not Michigan.  In fact, WWJ Newsradio 950′s Beth Fisher reports  the least happy people live in...

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Comerica: Michigan Economy Ticks Up in January

Comerica Bank’s Michigan Economic Activity Index rose one point in January, to a level of 87.  January’s level is two points above the average for all of 2010, and 15 points, or 23 percent, above the...

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Economics Dept.: Personal Income Up, But Are We Better Off?

Although U.S. personal income per capita has risen 5.7 percent since 2000, an increase in tax-exempt benefits provided by the government and employers accounted for all of the income growth in the past...

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Event Notices From November 8

Entrepreneurs Forum Returns To Automation Alley: A fine-tuned elevator pitch can open the door to funding and key partnerships for entrepreneurs. Perfecting that pitch takes practice — and often some...

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GVSU Economist Predicts Rising Regional Business Confidence

GRAND RAPIDS — A Grand Valley State University economics expert aid the business confidence index in West Michigan is poised to approach 60 percent for the first time in five years. Hari Singh,...

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Event Notices From February 2

Workshop To Cover Social Media Use In Design, Construction: On Wednesday, Feb. 8 at 6:15 p.m., Building Industry Resources, a social media and business support agency, will host a complimentary...

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Purchasing Managers December Index Shows Growth In Production, Jobs

DETROIT — The Southeast Michigan Purchasing Managers Index dipped one-tenth of a point in December to 51.8 from 51.9 in November. PMI index values above 50 generally suggest an expanding economy. “The...

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Study: Poverty Levels Are Declining Throughout The World

ANN ARBOR, Mich. (CBS Detroit) - A new study indicates that the level of poverty seen throughout the world is decreasing, with Earth’s poorest denizens experiencing less poverty than the lowest...

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Business Economists See Steady Economic Growth In Months Ahead

DETROIT (WWJ) – A survey of business economists predicts economic growth will accelerate in the months ahead. The National Association of Business Economists say the growth will go from a rate of 2.3...

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Sister Simone Campbell To Speak On Growing Economic Disparity In U.S.

ANN ARBOR (WWJ) – A controversial nun is bringing her message Tuesday night to the public at U of M’s Ross School of Business. Sister Simone Campbell, who leads the Catholic social justice lobby called...

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Michigan Elections Bureau: Minimum Wage, Sick Time Drives Have Enough...

LANSING (AP) — The Michigan elections bureau says enough voter signatures have been submitted by proponents of ballot drives to raise the minimum wage and require employers to provide paid sick time....

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