U-M Economists: Rough Road To Recovery
University of Michigan economists are out with their latest economic outlook -- and they're predicting a slow recovery.
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University of Michigan economists are out with their latest economic outlook -- and they're predicting a slow recovery.
A new report from Coldwell Banker found that Ypsilanti, home to EMU, and Kalamazoo, home to WMU, offer some of the most affordable housing in America for college students.
Young Americans are forced to deal with an increasingly limited number of opportunities for jobs and are delaying major financial and life decisions based on the economy.
The Bloomberg Economic Evaluation of States index shows Michigan's economy is recovering from the recession at the second fastest pace in the country.
Policy deciders at the Federal Reserve are expected to announce Wednesday afternoon whether the central bank will make moves to stimulate the economy.
The Southeast Michigan Purchasing Managers Index (PMI), a composite index of economic activity, rebounded to 59.7 in October from September's index of 53.1.
Michigan needs a new tax on services. That's the message MSU economist Charles Ballard will deliver Thursday morning as part of his 2012 economic forecast for the Engineering Society of Detroit.
A new effort hatched in Macomb County is working to create new businesses and jobs in the growing defense corridor.
While the economy has been slow and some say there could be a new recession, that's not stopping some people from indulging in some little luxuries.
Proposals aimed at improving the state's business climate won't be the only order of business this fall in the Michigan Legislature.
It looks like car sales are starting to pull out of their summer slump. Figures from J.D. Power and Associates show a fairly strong first two weeks of September.
More Michigan residents are living in poverty as the state works to free itself from the lingering effects of the nation's recession, according to new census data released Thursday.
Gleaners Community Food Bank in Detroit is dealing with the growing number of Michigan residents struggling in this economy.
President Barack Obama used a boisterous Labor Day rally to put congressional Republicans on the spot, challenging them to place the country's interests above all else and vote to create jobs and put the economy back on a path toward growth.
"Early back-to-school sales," hot weather and falling gas prices in July led to slow, steady growth in Michigan retail sales.
The Speak Out and Speak Up summit Thursday in Detroit will look at the effect of the state's planned cuts to welfare assistance.
In the first six months of 2011, $55.1 million was added to Macomb County's economy, along with over 600 new jobs.
New federal fuel efficiency rules were revealed on Tuesday that will require heavy-duty trucks to cut greenhouse gas emissions and improve fuel economy.
The mood of Michigan residents has soured somewhat, according to Michigan State University's latest State of the State Survey.
It has taken the better part of a decade, but the construction industry is on the rebound in areas of Southeast Michigan with thousands of construction jobs created within the past year.
Many local seniors and others are worried about their social security checks because of the possibility of a U.S. default and the debt ceiling.
Although Midwestern states have seen the largest decreases in economic stress since the recession ended, Michigan experienced a monthly jump in stress in May.
New York Mayor Michael Bloomberg will be participating in an immigration conference, next week, with Michigan Governor Rick Snyder.
The state of Michigan continues to be plagued by foreclosures. A recent report on foreclosures ranks Michigan seventh on a list of the top state foreclosure rates.
Police said a 25-year-old woman has died after she lost control of her vehicle and crashed into a bridge abutment Monday evening on southbound I-275.
Cade Cunningham had 33 points and 12 rebounds and the Pistons beat the Knicks 100-94 on Monday night in Game 2 of their playoff series.
Gleyber Torres and Zach McKinstry each had three hits and the Detroit Tigers beat the San Diego Padres 6-4 for their fourth win in five games.
Tasia Keaton ran away from the Vista Maria facility on March 14 and was last seen three days later on a security camera near Joy and Beech Daly roads.
As the Trump administration continues to levy 145% tariffs on goods from China, businesses in Southeast Michigan are now paying a high price to receive their goods from U.S. Customs.
Police said a 25-year-old woman has died after she lost control of her vehicle and crashed into a bridge abutment Monday evening on southbound I-275.
Catholics from across Michigan have shared prayers in response to the announcement that Pope Francis has died.
Pope Francis made it his mission to change the perception of the Catholic Church around the world.
Cade Cunningham had 33 points and 12 rebounds and the Pistons beat the Knicks 100-94 on Monday night in Game 2 of their playoff series.
A drive-in theater that opened in 2021 in Monroe County has closed for good; citing overall industry trends.
The operations of Tribar's Wixom location will be moving to Howell, according to plans announced earlier this month.
Shawn Fain, president of United Auto Workers, took to social media Thursday to give a policy speech. "There's a lot of uncertainty over what this moment holds," he said.
Slotkin is a former CIA officer who worked in national security roles in the Pentagon during the Bush and Obama administrations.
The company says the layoffs are not related to tariffs. The layoffs are effective April 14.
The automaker is working with local authorities on the investigation.
A drive-in theater that opened in 2021 in Monroe County has closed for good; citing overall industry trends.
The WWE's 41st WrestleMania event is finally here. Here's what time it starts and how to watch all the action on night 2.
Ryan Gosling will star in the next installment of the "Star Wars" franchise, "Star Wars: Starfighter," which will hit theaters in May 2027. Shawn Levy will direct the film.
Wink Martindale, the host of hit game shows "Gambit" and "Tic-Tac-Dough," has died. He was 91.
Residents of a small Michigan community stood side by side to help a local bookstore move 9,100 books — one by one — from its former site to a new location about a block away.
Gleyber Torres and Zach McKinstry each had three hits and the Detroit Tigers beat the San Diego Padres 6-4 for their fourth win in five games.
Nearly 10 million borrowers could be in default within a few months, according to the department.
Walgreens has agreed to pay the government $300 million to settle claims that it unlawfully filled millions of invalid prescriptions.
Instagram is expanding its use of AI to determine if kids are lying about their ages on the app, parent company Meta said on Monday.
The Affordable Care Act requires health insurers and group health plans to cover certain preventive-care services recommended by the U.S. Preventive Services Task Force at no cost to patients.
"We are acting out of an abundance of caution to notify the public as quickly as possible," Dr. Julie Kehdi said.
The Affordable Care Act requires health insurers and group health plans to cover certain preventive-care services recommended by the U.S. Preventive Services Task Force at no cost to patients.
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Three or more related cases of the measles is an outbreak, according to the CDC.
During Black Maternal Health Week, a national campaign to raise awareness and improve outcomes for Black mothers, the Detroit-based organization Mothering Justice is spotlighting what happens when advocacy turns into action.
Cade Cunningham had 33 points and 12 rebounds and the Pistons beat the Knicks 100-94 on Monday night in Game 2 of their playoff series.
Gleyber Torres and Zach McKinstry each had three hits and the Detroit Tigers beat the San Diego Padres 6-4 for their fourth win in five games.
Michigan's Fred Richard and Paul Juda finished first and second in the all-around and the Wolverines edged them past five-time defending champion Stanford to win their first NCAA men's gymnastics title since 2014.
The Detroit Tigers were bested by the Kansas City Royals 4-3 Sunday afternoon after Bobby Witt Jr. hit a tiebreaking sacrifice fly in the 10th inning.
The New York Knicks had a 21-0 run in the fourth quarter, when Detroit had more turnovers than baskets, and won Game 1 123-112.
It's a look at the Detroit Public Schools Community Foundation and how things are going as Kerrie Mitchell, CEO, appears on Michigan Matters to give an update.
Lawrence Technological University is 93 years old with a strong regional imprint, which Dr. Tarek Sobh talks about on Michigan Matters.
A trio of experts talks about consumer needs when it comes to transit, which are evolving.
David Wasserman appears and talks about the two political parties.
It's a conversation about the first weeks of the Trump administration and its impact on Michigan.
Detroit Archbishop Edward Weisenburger held a Mass of Suffrage on Monday following the death of Pope Francis.
A warm week is ahead with the stronger wind finally winding down.
As the Trump administration continues to levy 145% tariffs on goods from China, businesses in Southeast Michigan are now paying a high price to receive their goods from U.S. Customs.
Following Pope Francis' death, many are wondering what will happen next. Teresa Tomeo, host of the "Catholic Connections" talk show, joined CBS News Detroit to discuss the next steps.
President Trump pays tribute to Pope Francis, who died at age 88 on Monday. The pope and Mr. Trump have been on opposite sides on certain issues, including immigration, but those differences were put aside as the world mourns.