Page 2 - Gabe Ehrlich News Today

Inevitably a recession no one can dispute will come and layoffs will return. But for now, this weird economy will stay weird.

Whether this is actually a recession remains up for debate. The National Bureau of Economic Research's Business Cycle Dating Committee determines when a recession actually starts and ends. They've yet to rule.

Michigan is once again raising its expectations for tax revenue after higher than expected hauls in sales, use and income tax revenue

The so-called Great Resignation of people leaving jobs during the pandemic is widely misunderstood, according to faculty panelists at a recent Ross School of Business/University of Michigan webinar. Data show that large numbers of resignations in the last couple of years aren't really due to peop

The state’s smallest businesses are growing in number. Now ‘solopreneurs’ hope to grow their sales during the holiday sales season that is expected to be robust.

Credit Sheila Steele / Creative Commons Economists predict Michigan’s economic news should improve rapidly the rest of the year. (See report here.) The University of Michigan’s Research Seminar in Quantitative Economics (RSQE) says the falling number of cases, hospitalizations, and deaths due to COVID-19 plus the vaccinations are good signs. “That’s the public health reason to be optimistic. And then there’s the fiscal policy standpoint, which is, you know, the federal government is i...

The pandemic has had a severe impact on Michigan businesses and consumers, but the economy could improve quickly in 2021, especially as more and more residents are vaccinated, economists and a survey of business owners say.While 67% of survey respondents in Michigan said the coronavirus pandemic has had a somewhat or extremely negative impact on their business, 16% said the opposite, that it had an extremely positive or somewhat positive impact on their business, according to the Michigan