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Business Spotlight

PNC Senior Economic Advisor Stuart Hoffman: Initial Jobless Claims Fell by 6K in the Week Ending June 22 but Continuing Claims Jumped by 18,000 in Mid-June.

Michigan Business Network
June 27, 2024 3:00 PM

The Labor Market Remains Strong but Better-Balanced.

  • Initial claims for unemployment insurance fell by 6,000 to 233,000 in the week ending June 22 but the four-week moving average rose by 3,000 to 236,000. 
  • Continuing claims jumped by 18,000 to 1.839 million in the week ending June 15 and the four-week moving average rose by 12,000 to 1.816 million.
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PNC Chief Economist Gus Faucher: Slight Upward Revision to Q1 GDP Growth in Third Estimate;

Michigan Business Network
June 27, 2024 1:00 PM

Inflation Also Revised Higher

  • Real GDP growth in the first quarter was revised higher by 0.1 percentage point to 1.4%. 
  • Real gross domestic income growth was revised lower by 0.1 percentage point to 1.3%. 
  • Inflation in the first quarter was revised slightly higher; it remains above the Fed’s 2% objective.
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Michigan Business Beat | Mackinac Policy Conference 2024 - Dr. Robert McMahan - #MPC24

Michigan Business Network
June 25, 2024 2:00 PM

The Detroit Regional Chamber's annual Mackinac Policy Conference.

Chris Holman speaks with Dr. Robert McMahan, President Kettering University, from Media Row, at the Grand Hotel, while at the 2024 Mackinac Policy Conference.

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Michigan Business Beat | Mackinac Policy Conference 2024 - Jason Lee - #MPC24

Michigan Business Network
June 25, 2024 12:00 PM

The Detroit Regional Chamber's annual Mackinac Policy Conference.

Chris Holman speaks with Jason Lee, Executive Director, Junior Achievement Southeastern Michigan, from Media Row, at the Grand Hotel, while at the 2024 Mackinac Policy Conference.

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Michigan Business Beat | Mackinac Policy Conference 2024 - Susan R Corbin - #MPC24

Michigan Business Network
June 25, 2024 10:00 AM

The Detroit Regional Chamber's annual Mackinac Policy Conference.

Chris Holman speaks with Susan R. Corbin, Director, LEO / Michigan's Labor and Economic Opportunity, from Media Row, at the Grand Hotel, while at the 2024 Mackinac Policy Conference.

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Michigan Business Beat | Mackinac Policy Conference 2024 - Rejji Hayes - #MPC24

Michigan Business Network
June 25, 2024 8:00 AM

The Detroit Regional Chamber's annual Mackinac Policy Conference.

Chris Holman speaks with Rejji Hayes, CFO, CMS Energy and Consumers Energy, from Media Row, at the Grand Hotel, while at the 2024 Mackinac Policy Conference.

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Michigan Business Beat | Mackinac Policy Conference 2024 - Matt Elliott - #MPC24

Michigan Business Network
June 24, 2024 6:00 PM

The Detroit Regional Chamber's annual Mackinac Policy Conference.

Chris Holman speaks with Matt Elliott, President, Bank of America Michigan, from Media Row, at the Grand Hotel, while at the 2024 Mackinac Policy Conference.

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Automation Alley’s Project DIAMOnD Cited in National Manufacturing Action Plan

Michigan Business Network
June 24, 2024 5:00 PM

Special Competitive Studies Project (SCSP) report spearheaded by former Google CEO Eric Schmidt calls out Michigan-based Project DIAMOnD as distributed 3D printing model for DoD to follow

Inclusion of Project DIAMOnD in SCSP national action plan validates progress and potential of 3D printing network driven by Automation Alley and Oakland County
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Michigan Business Beat | Mackinac Policy Conference 2024 - Ned Staebler - #MPC24

Michigan Business Network
June 24, 2024 4:00 PM

The Detroit Regional Chamber's annual Mackinac Policy Conference.

Chris Holman speaks with Ned Staebler, VP Economic Dev. & President / CEO, TechTown Detroit, from Media Row, at the Grand Hotel, while at the 2024 Mackinac Policy Conference.

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Michigan Business Beat | Mackinac Policy Conference 2024 - Tony Stamas - #MPC24

Michigan Business Network
June 24, 2024 2:00 PM

The Detroit Regional Chamber's annual Mackinac Policy Conference.

Chris Holman speaks with Tony Stamas, President & Chief Executive Officer, Midland Business Alliance, from Media Row, at the Grand Hotel, while at the 2024 Mackinac Policy Conference.

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