Business Activity Passes 5-Year High: Report
U.S. business activity reached a more than five-year high in September, but the resulting activity appears to be straining supply chains and causing higher prices. Reuters reported that S&P Global said on Wednesday its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, increased to 58.4 this month, its highest level since July 2021 and higher than the 56.0 reading registered in August. A reading above 50 indicates expansion in the private sector. The rise in the
Detroit Gets New Economic Development Chief
Olga Stella, a veteran of the economic development scene around metro Detroit, is the city’s new Chief of Economic Development and Workforce. Stella was appointed by Detroit Mayor Mary Sheffield earlier this month. According to a release from the city, Stella has spent her career as a leader in economic and business growth, community revitalization, and Detroit‘s creative economy. Most recently, she served as Vice President of Strategy and Communication at the College for Creative Studies, where officials
U.S.-Canada Trade War Escalates
By Brad Kadrich The U.S. trade war with Canada shows no sign of letting up any time soon. In the latest escalation, President Donald Trump said Tuesday he’s banning the importing of some dairy products, motorcycles and most alcoholic beverages from Canada, the country’s #2 trading partner. The move comes after Canada’s own retaliatory tariffs kicked in Tuesday on some $20 billion of U.S. imports. Those tariffs were imposed by Canada in response to earlier tariffs added by Trump. The ban takes effect Sept.
Investment Mission to Taiwan
FOR IMMEDIATE RELEASESeptember 17, 2026 Contact: press@michigan.gov Gov. Whitmer Leads Investment Mission to Taiwan, Building on Strong Partnership to Bring Jobs and Investment to Michigan Governor’s third visit to Taiwan focuses on semiconductors, drones, robotics, and manufacturing LANSING, Mich. – Today, Governor Gretchen Whitmer continues her investment mission in East Asia, transitioning from South Korea to Taiwan to build on Michigan’s growing economic relationship with the region and pursue new
Investment Mission to South Korea
FOR IMMEDIATE RELEASESeptember 14, 2026 Contact: press@michigan.gov Gov. Whitmer Leads Investment Mission to South Korea, Competing for New Opportunities for Michigan Businesses Mission will strengthen relationships in shipbuilding, semiconductors, robotics, drones and future mobility while building on Michigan’s longstanding engagement across the region LANSING, Mich. – Today, Governor Gretchen Whitmer kicked off an investment mission to South Korea, where the governor and Team Michigan delegation
