Supply Management Research survey

Mark Sanchez
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A retailer group is forming a private health insurance exchange while the state's small group insurance market is seeing stability.

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

“Solid growth” is the term best used to describe West Michigan’s economy for the month of June. Some of the lowest unemployment in the state can be found in the region. But heading into July the folks at Supply Management Research will be keeping a close watch on a growing tariff war and how it may be impacting local industries.

Brian G. Long, director of Supply Management Research in the Seidman College of Business at Grand Valley State UniversityCredit gvsu.eduEdit | Remove

The G7 Summit has wrapped up and there’s talk of a tariff war. How is this impacting the West Michigan economy?

The Institute for Supply Management survey for the month of May indicates the pace of the local economy has picked up despite the uncertainty.

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

West Michigan’s economy continued its strong performance in April. The Supply Management Research survey indicates the local economy will remain robust into the summer months reinforcing the area’s low unemployment.

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

West Michigan’s 2018 economy got off to a strong start in January and February was even better.

Traditionally, West Michigan’s economy experiences the winter blues in February. It either flattens out or slides just a bit, but not this year. Brian G. Long is director of Supply Management Research in the Seidman College of Business. He explains with the recent passage of the tax law the local economy accelerated backed by firms specializing in capital equipment or export.

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

The first survey for 2018 has been recorded and the West Michigan economy is off to a better than expected start. The national and local economies are heating up with the passage of federal tax reform.

“We knew that the tax cuts would have a positive effect on the economy and stock market but because the markets seem to be hungry for some reason for optimism the growth turned out to be a little bit higher in response to the tax bill that finally did get passed and finally is being implemented.”

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

West Michigan’s economy wrapped up 2017 with what is described as “solid growth” in December. WGVU takes a look at the number from last month’s Supply Management Research survey. The trajectory gives its author a good idea of what the local economy may bring in 2018.

“The general feeling is we could hit 3.5 percent growth rate as far as the year 2018 is concerned.”

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

“This will be our best year if this in turn comes to pass.”

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

As 2017 comes to a close, November’s Supply Management Research survey suggests West Michigan’s economy will be strong in 2018.

“It’s quite possible that 2018 will be one of our best years in the previous 10 years.”

Brian G. Long is director of Supply Management Research in the Seidman College of Business at Grand Valley State University. He says West Michigan’s economic trajectory heading into December and beyond is full steam ahead.

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

West Michigan’s economy continued its steady growth into June. WGVU breaks down the data points highlighted in the most recent Supply Management Research survey.

What continues to be the strength of the Supply Management Research survey is the regions low unemployment.

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

It’s a “back to work” attitude for the west Michigan economy following the December holiday season.

The January Supply Management Research Report has been released and all signs point to growth. But has the local economy maxed out?

“Most of the industries that we are surveying right now are optimistic to the point that things are going OK.”

That’s what business leaders are telling Brian G. Long, director of Supply Management Research in the Seidman College of Business at Grand Valley State University.

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