economy

The first of West Michigan’s economic data for the New Year has been analyzed and January’s Supply Management Research survey describes the growth as “slowing to a crawl.” WGVU takes a look at the numbers.

“The numbers that we have coming in are just very barely positive and some of them are just slightly negative but on the average we have to say that the economy in West Michigan is flat.”
 

That’s Brian G. Long, director of Supply Management Research in the Seidman College of Business at Grand Valley State University.

Mark Sanchez
Courtesy photo / LinkedIn.com

  Major Midwest bank mergers include Chemical Financial and Huntington Bank and Michigan's maturing venture capital market.   

This week NPR’s Morning Edition is taking the pulse of the American electorate heading into the Iowa Caucuses. It’s examining Five Big Themes this week. WGVU is exploring the same themes closer to home.

Monday, we spoke with voters about their mood. Tuesday, we met with families experiencing the middle-class squeeze. Today, it’s the economy. WGVU spoke with a West Michigan investor and an economist about what the financial state of the nation is telling them.

The Right Place

Jan 19, 2016
The Right Place
The Right Place / rightplace.org

Birgit Klohs from The Right Place West Michigan stops by monthly to share their the latest news.

Business Buzz

Jan 19, 2016
Gemini Publications

Business Buzz, a monthly conversation with Carole Valade from Gemini Publications.  Carol joins us to talk about beer, market rate studies, Holland energy savings and more.

Michigan's minimum wage rising 35 cents to $8.50 an hour

Dec 31, 2015

Michigan workers making the minimum wage will see a 35-cents-an-hour raise starting Friday.

The state hourly minimum is rising from $8.15 to $8.50.

That is $14 more a week, or $728 a year, for those working full time.

The increase is the second in 16 months under a 2014 law that gradually boosted the minimum by 25 percent.

The wage will increase to $8.90 in 2017 and $9.25 in 2018. Starting in 2019, it will rise with inflation every year unless the unemployment rate is high.

gvsu.edu

Guests from the Seidman College of Business join us today to sum up the economic year 2015 and  to look ahead to 2016.  Chair Dr. Paul Isley is our guest. 

Slow growth continues to be the pace of  West Michigan economic expansion. WGVU takes a look at the numbers from November’s Supply Management Research survey.

The West Michigan economy is doing better than the rest of the state. It’s still growing, but slowing to a crawl. Brian G. Long, director of Supply Management Research in the Seidman College of Business tells us auto parts suppliers, office furniture makers and aerospace are the stabilizing industries. 

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