Michigan economy

Detroit Homeowner Wealth Surges by $700 Million in 2023

News Summary Homeowners in Detroit have gained an incredible $700 million in wealth this year, continuing a decade-long trend that…

1 month ago

Michigan Customers Face New Electricity Rate Hike

News Summary Michigan residents will see a 2.8% increase in electricity rates as Consumers Energy receives approval for a $154…

1 month ago

Michigan Residents Brace for Electric Rate Hike

News Summary Michigan residents are preparing for an increase in their electric bills, beginning April 4, as the Michigan Public…

1 month ago

Consumers Energy Receives Approval for Rate Hike in Michigan

News Summary The Michigan Public Service Commission has approved a $154 million rate hike for Consumers Energy, meaning residents will…

1 month ago

Michigan Sets Record in Agriculture Exports – $2.9 Billion in 2024!

News Summary Michigan has achieved a remarkable milestone in 2024, with agricultural exports totaling $2.9 billion, marking a significant increase…

1 month ago

Michigan’s Agricultural Exports Reach Nearly $3 Billion

News Summary In 2024, Michigan's agricultural exports have surged to an impressive nearly $3 billion, marking a substantial increase from…

1 month ago

Michigan’s Cannabis Prices Drop Significantly

News Summary The recreational cannabis market in Michigan is experiencing a major shift as prices tumble, with the average retail…

1 month ago

Farmers Rally in Lansing Against Government Regulations

News Summary On March 18, 2025, farmers in Michigan's capital, Lansing, organized a tractor rally to protest against government regulations…

1 month ago

Michigan’s 2026 Budget Proposal Sparks Controversy

News Summary Governor Gretchen Whitmer has unveiled the proposed budget for Michigan for 2026, which includes over $208 million in…

1 month ago