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Crain’s Grand Rapids Business senior writer Mark Sanchez talks about an updated economic forecast for the second half of 2024, and an advocacy group ranks Michigan’s hospital pricing. But first, the latest on small business 2025 health insurance rates.
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What does that mean heading into May and the summer months?
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It points to the October PCE report noted that inflation has fallen to its lowest at 3% since March 2021, and monthly inflation held flat at zero. WGVU spoke with Heather Boushey, member of the Council of Economic Advisers & Chief Economist for the President's Invest in America Cabinet asking about inflation and high interest rates impacting American’s perceptions.
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Director of Supply Management Research tracking employment trend for signs of weakness.
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Supply Management Research Survey indicates workforce supply catching up with demand.
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September Supply Management Research Survey indicates purchasing managers have turned “marginally negative.”
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Interest rates and potential UAW strike weigh on August Institute for Supply Management Research Survey
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February’s Institute for Supply Management Research Survey reveals the area’s business conditions continue an overall softening.
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Raising interest rates high and fast enough to quell inflation, without tightening credit so much that it throttles the economy and causes a recession.
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Federal Reserve cutting interest rates and Pure Michigan summer travel campaign is back.