How The GM Strike Could Start A Midwest RecessionThe nearly 50,000 striking General Motors workers are just the beginning. Soon hundreds of thousands of people could be off the job because of the walkout.
May Car Sales Return To Pre-Recession LevelsGood weather and a strong Memorial Day weekend helped car buyers ignore reports of recalls, pushing car and truck sales up more than ten percent in May.
U-M Report: Nearly All In Southeast Michigan Hit By RecessionUniversity of Michigan professors and researchers presented findings of a study involving Michigan's Recession and Recovery at the U of M Detroit Center on Monday.
Opinion: Auto And Bank Bailouts Prove EffectiveOn Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Ford Revamps European Lineup“Despite the economic crisis, we are investing in the future,” says Ford of Europe Chairman and CEO Stephen O’Dell.
Health Care Cost Slowdowns Continue, Predated 2007 Recession
Retirement Plans After The Great RecessionNew research by the University of Michigan shows that 40 percent of older Americans postponed retirement in the wake of the Great Recession.
Is Another Recession Looming? 9 In 10 Americans Say 'Yes'As they look down the long road of economic recovery, an overwhelming number of Americans see another recession.
U-M Economists: Rough Road To RecoveryUniversity of Michigan economists are out with their latest economic outlook -- and they're predicting a slow recovery.
New Census Data: More Mich. Residents In PovertyMore Michigan residents are living in poverty as the state works to free itself from the lingering effects of the nation's recession, according to new census data released Thursday.
Economic Stress In MI Going Down Following Auto Part ShortagesAlthough Midwestern states have seen the largest decreases in economic stress since the recession ended, Michigan experienced a monthly jump in stress in May.
Auto Sales Won't Come Back As Fast As ExpectedWhile car sales won’t completely recover as fast as many analysts were expecting, a new report says domestic auto companies will get a growing part of that slowly recovering market.
Analysts: Michigan Recession Is OverAccording to new government data, the recession in Michigan ended last year. UM Economist Donald Grimes says even though our economy saw its best growth in 8 years, consumers are still apprehensive.
Unemployment Report: Summer Vacation... But Not By ChoiceThe Department of Labor released May unemployment figures, which show an increase in unemployment to 16.5% for Americans ages 18-24.
Study: Recession Led To Fewer Traffic DelaysMetro Detroit drivers lost 33 hours a year to traffic delays, according to the study. That is down from 42 hours in 2006 and 2007.