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What's New in the Blog

PNC Senior Economic Advisor Stuart Hoffman: Initial Jobless Claims Fell by 2K in Mid-March but Continuing Claims Rose by 24K.;

Michigan Business Network
March 29, 2024 8:00 AM

Powell Said the Labor Market is Better Balanced Between Supply and Demand

  • Initial claims for unemployment insurance edged down by 2,000 to 210,000 in the week ending March 23. The four-week moving average edged down by 1,000 to 211,000. 
  • Continuing claims rose by 24,000 to 1.807 million in the week ending March 16 and the four-week moving average rose by 4,000 to 1.803 million.
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PNC Chief Economist Gus Faucher: Modest Upward Revision to GDP in Q4

Michigan Business Network
March 28, 2024 1:00 PM

Huge Increase in GDI

  • There was a modest upward revision to real GDP growth in the fourth quarter, to 3.4%.
  • Corporate profits rose in the fourth quarter by the biggest amount in two years.
  • Real gross domestic income increased by a huge 4.8% in the fourth quarter, after noticeably lagging GDP for the previous four quarters.
  • The US economy will continue to expand throughout 2024.
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Additive Manufacturing in the EV Industry + More Industry Events

Michigan Business Network
March 28, 2024 9:00 AM

NiFT Roundtable: Additive Manufacturing in the EV . Industry

Join NiFT and Automation Alley on the NiFT shop floor for a tour, roundtable session, and Q&A about additive manufacturing applications in the EV industry. Don’t miss this exclusive opportunity to learn from experts on how these two developing technologies intersect. The event is free, but registration is limited. Secure your spot at the roundtable today

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ICYMI: Michigan Business Beat | Cathleen Edgerly, Downtown Lansing Inc. Receives Funding for Downtown Improvement Projects

Michigan Business Beat
March 27, 2024 12:00 PM

Jeffrey Mosher welcomed Cathleen Edgerly, Executive Director of Downtown Lansing Inc. Lansing, MI.

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Michigan Business Beat | Jane Mitchell, Jungle Jane Promotions Her Story and 30 Years of Helping Businesses

Michigan Business Network
March 22, 2024 5:00 PM

Chris Holman welcomes Jane Mitchell, MAS, CEO/Owner Jungle Jane Promotions, Lansing, MI.
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LEO | $6.1M investment Will Expand Registered Apprenticeships in Non-Traditional Sectors and Occupations for Michiganders

Michigan Business Network
March 22, 2024 3:00 PM

LANSING, Mich. — Gov. Gretchen Whitmer and the Michigan Department of Labor and Economic Opportunity (LEO) today announced nine recipients of more than $6.1 million in State Apprenticeship Expansion 2023 Grant Program awards that will provide Michiganders with access to life-changing career opportunities through Registered Apprenticeships.

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LEO | MIOSHA Awards Highest Workplace Safety and Health Recognition to Marathon Petroleum Corp. Niles Terminal

Michigan Business Network
March 22, 2024 2:00 PM

The Michigan Occupational Safety and Health Administration (MIOSHA) recognized Marathon Petroleum Corporation's (MPC) Niles Terminal with the Michigan Voluntary Protection Program (MVPP) Star award.

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PMBC | Register Today for Matchmaking Opportunities

Michigan Business Network
March 22, 2024 11:00 AM

Supplier Application Closing for Buyer-Supplier Matchmaking at Making It In Michigan

Pure Michigan Business Connect (PMBC) and the Michigan Department of Agriculture and Rural Development (MDARD) are excited to partner with the MSU Product Center on the 2024 Making It In Michigan event.

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A Look Back: Faces of Manufacturing | Episode 7 - A Discussion about 2023 Rosie the Riveter Day at the Michigan Capital

Faces of Manufacturing
March 21, 2024 3:00 PM

Editor's note: The MBN team is on the road at this hour attending the 2024 Rosie the Riveter event at the Michigan State Capital. We will be filming portions of the event, so look for the new content in upcoming days.

For now, enjoy a 'Faces of Manufacturing' episode from last March discussing 2023's similar celebration!

Faces of Manufacturing is a new show to Michigan Business Network. Cindy Kangas, Executive Director, CAMC, Capital Area Manufacturing Council, Lansing, Michigan, co-hosts with Joy Wagner, HR Manager of Granger Waste Services, also Lansing.

Cindy and Joy strive to share the corporate culture, personal stories, and unique personalities of those making a living in manufacturing today, in Michigan. With that in mind, this month they connected with people involved in celebrating the heritage of Rosie the Riveter.

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PNC Senior Economic Advisor Stuart Hoffman: Initial Jobless Claims Fell by 2K in Mid-March

Michigan Business Network
March 21, 2024 1:00 PM

Continuing Claims Rose by 4K in Early March 

•             Initial claims for unemployment insurance edged down by 2,000 to 210,000 in the week ending March 16. The four-week moving average rose by 3,0000 to 211,000.

•             Continuing claims rose by 4,000 to 1.807 million in the week ending March 9 and the four-week moving average rose by 5,000 to 1.802 million.

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