Displaying items by tag: PNC Bank
Comerica Inc. Chief Economist Robert Dye sees Michigan’s economy performing in the second half of 2018 much as it has in the first half, with continued growth but at a decidedly slower rate than in past years.
The local and national retail industry faces many headwinds, but reports of its death have been greatly exaggerated.
Michigan’s economy should remain in good shape for the foreseeable future, according to results of a semi-annual survey PNC Bank conducts with small and medium-sized business owners.
Among the commercial and industrial borrowers at Lake Michigan Credit Union, about one-third are expanding or buying new equipment that’s needed to grow their businesses.
Over the past decade, many small business owners put off expansions or capital equipment purchases for as long as they could.
A new partnership and grant dollars aim to help train future technology sector employees.
Small and mid-sized business owners in Michigan are more optimistic about the foreseeable future than they have been in five years, according to a spring survey by PNC Bank.
Professionals working in mergers and acquisitions in West Michigan expect strong deal flow to continue in 2017, maintaining a seller’s market.
Economists expect Michigan to maintain economic growth in the coming year, albeit at a slower pace that will further tighten labor markets.