More than $230 million in direct investment was generated through 30 different initiatives that stemmed from last year’s inaugural Detroit Homecoming event, so organizers are gearing up for Year 2. The second Detroit Homecoming is scheduled for September 30 – October 2, organizers announced at a kickoff event Wednesday morning. The invitation-only event is designed to bring expats-former Detroiters-back to the city.
Consumer confidence in Michigan is approaching record levels, according to a quarterly survey released by Michigan State University. Sixty percent of residents rated their financial situation as good or excellent, the highest number since 2002 when the top mark of 66 percent was recorded. In addition, 69 percent believe they’ll be better off a year from now, off from a high of 72 percent in 1999.
The New Michigan State University Grand Rapids Research Center will create 728 jobs, provide $55 million annually in wages and bring $95.6 million in economic impact to Kent, Ottawa and Muskegon counties.
Much more is highlighted in Michigan News.
