Michigan’s unemployment rate has fallen again, pulling even with the national rate for the first time in 15 years, the state announced Wednesday.
Despite the increase, unemployment does remain down from a year ago.
The $9.4 billion estimate is $2.9 billion, or 45 percent, higher than estimates provided to legislators at a revenue-estimating meeting in January.
Comerica Bank’s Michigan Economic Activity Index increased in April, up 1.3 points to a level of 122.4.
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Comerica Bank’s Michigan Economic Activity Index saw a bounce back in December, rising 1.7 points to a level of 102.7.
Comerica Bank’s Michigan Economic Activity Index dipped in August, declining 1.2 points, to a level of 106.6.
Comerica Bank’s Michigan Economic Activity Index jumped 1.9 points in May, to a level of 103.9.
There will be no shutdown of state government this year as state lawmakers have put the finishing touches on this year’s budget, about three months ahead of the deadline.