Household Pulse Survey
Economic Indicators
Report: Michigan economy hurting more than most states
The COVID-19 pandemic and resulting economic contraction is hurting Michigan more than many other states, according to a new survey from Comerica Inc.Regional economists at the Dallas-based bank report that Michigan's GDP fell at an annualized rate of 41 percent in the second quarter. During the…
The Recession and Recovery in Perspective | Federal Reserve Bank of Minneapolis
Why Unemployment Claims May Be Overcounted by Millions - The New York Times
Weekly tallies of jobless claims were not meant to be treated as an economic indicator. The pandemic has exposed the shortcomings of doing so.
Unemployment benefits fight highlights long-term economic pain
As state legislators contemplate the future of unemployment benefits, the health of Michigan's economy hangs in the balance. Michigan's quick recovery, largely thanks to the automotive sector working double time after two months of lost production, has stalled out. Jobs posts remain well…