Displaying items tagged: Federal Reserve Bank of Chicago
Q&A: Chicago Fed auto policy adviser discusses EV transition, incentives competition
The global transition to electric vehicles and low-carbon transportation is well underway and creating a high-stakes competition among countries, and even states, to capture the associated manufacturing jobs.
Retailers share optimistic outlook as holiday shopping season approaches
Michigan retailers are approaching the holiday shopping season with optimism and expectations for higher online sales, despite reporting lower sales for last month and new state restrictions from the COVID-19 pandemic.
Survey shows downward trend for retailers in May but optimism this summer
Michigan retail sales remained in the “tank” during May as many stores remained closed, although a monthly survey and activity index suggest a rebound this summer after reopening.
10 concerns for 2020
For this 13th installment of Crystal Ball, MiBiz reporters interviewed dozens of West Michigan executives about their outlook for the state and national economy and the indicators they’re watching as they prepare their businesses for the new year. While no single issue seemed to rise to the top this year, here’s a subjective list of their concerns that came up most often, ranked in no particular order.
Michigan Economic Outlook: After ‘disappointing’ year, Michigan economy poised to grow in 2020
A combination of factors came together in 2019 to take a bite out of Michigan’s economy. The six-week General Motors strike, white-collar job cuts at GM and Ford early in 2019, a slowing manufacturing sector, and relatively flat auto sales collectively held back the state’s growth this year.
Growth Report: December 7, 2019
Here is the growth report for December 7, 2019.
Michigan retailers remain positive even amid sales dip in June
Michigan retailers reported a dip in sales during June, although they remain optimistic that business will pick up over the next few months, according to a monthly index released last week.
Crystal Ball 2019 Economic Outlook: National economy enters late states of expansion, economists say
Robert Dye views 2019 as a “transitional year” for the U.S. economy as a trio of forces align to moderate growth during the year.
Construction execs tout early successes in workforce development
West Michigan construction industry executives believe some of their recent worker training efforts have started to pay off.
Fed report shows Michigan leading Great Lakes area economic growth
Anchored primarily by growth in manufacturing and services, Michigan continues to outpace other nearby Great Lakes states.