impact

Brian G. Long, director of Supply Management Research in the Seidman College of Business at Grand Valley State University
gvsu.edu

West Michigan’s economic growth slowed in almost every sector in July. That’s the readout from the latest Supply Management Research survey. The findings indicate it’s in response to sweeping tariffs.

“Our index of new orders which had been very positive flipped to the negative position for the first time in 18 months.”

Brian G. Long is director of Supply Management Research at the Seidman College of Business at Grand Valley State University.

Grand Valley State University

President Donald Trump isn't budging on his international tariff stance so far despite remarkably public pleadings from House Speaker Paul Ryan and other Republican allies to back off his threat and avoid a possible trade war.

Trump says, "We're not backing down." But he's holding open the possibility of exempting longstanding friends Canada and Mexico if they agree to better terms for the U.S. in revising the North American Free Trade Agreement.

flickr.com

Michigan's treasurer differs with a prominent economist's characterization of the new U.S. tax law's impact on state income taxes.

Treasurer Nick Khouri said Wednesday he has a "technical disagreement" with economist Patrick Anderson, a former state deputy budget director.

Khouri says the legislature must act to prevent an "unintentional" state tax increase spurred by the federal overhaul, while Anderson contends the new law won't lead to a hike.

Anderson says the federal law doesn't eliminate a $4,050 personal exemption, but sets it to zero for several years.

Mark Sanchez
Courtesy photo / LinkedIn.com

A discussion focused on the post-election impacts on the West Michigan economy and business climate. We also talk about a Michigan Mergers & Acquisitions outlook survey.