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Michigan businesses weather lockdowns, surge of interest in great outdoors
Michigan businesses weather lockdowns, surge of interest in great outdoors
Restrictions on most indoor activities during the COVID-19 pandemic turned our entire society inside out — literally. Parks, campgrounds and secluded short-term rentals filled up. Bicycles, roller skates and RVs sold out. Michigan businesses have dealt with pandemic-enforced restrictions and…
·crainsdetroit.com·
Michigan businesses weather lockdowns, surge of interest in great outdoors
U.S. Housing Prices Jump the Most in More Than Three Decades
U.S. Housing Prices Jump the Most in More Than Three Decades
(Bloomberg) -- U.S. home prices jumped the most in more than 30 years in April.Nationally, the S&P CoreLogic Case-Shiller index of property values climbed 14.6% from a year earlier, according to a statement Tuesday, the biggest gain in data going back to 1988. That came after 13.2% increase in March, and was the 11th straight month that price gains accelerated.Home prices in 20 U.S. cities, meanwhile, jumped 14.9%, beating the median estimate in a survey of Bloomberg economists and was the bigge
·finance.yahoo.com·
U.S. Housing Prices Jump the Most in More Than Three Decades
Michigan RV industry continues long, strange trip
Michigan RV industry continues long, strange trip
Jerry Bridges looks at his books and sees black, but nothing else about the numbers over the past year-and-a-half are normal.There's never been so many people looking for an RV or fifth wheel at Lloyd Bridges Traveland in Chelsea. Even so, sales volume is down 40 percent from last year."I can't get…
·crainsdetroit.com·
Michigan RV industry continues long, strange trip
Photos: How a resurgence in skating has rolled out across metro Detroit
Photos: How a resurgence in skating has rolled out across metro Detroit
It's not your imagination: Everyone is suddenly skating. As COVID-19 public health measures restricted indoor activities, outdoor recreation flourished, and people explored new ways of safely getting beyond their four walls and moving their bodies for physical and mental wellness.   Seems skating has gotten an extra boost, too, from TikTok and Instagram, where reels of neat tricks set to peppy music have inspired people to lace up some skates for the first time — or for the first time in a while. (That is, if they can find a pair: The Wall Street Journal reported in March that the roller skate supply chain is one of many that's been kinked up by a surge in demand.) Local skate parks, which have proliferated in recent years, have been bustling. We sent photographer Nic Antaya to some area skating hot spots to capture the view of the world on four wheels. It's a study of motion, merriment and crowds in public spaces again, in the best way. This story is part of a special report on Michigan's outdoor economy.  — Amy Elliott Bragg
·crainsdetroit.com·
Photos: How a resurgence in skating has rolled out across metro Detroit
Investors compete with homebuyers in tight market
Investors compete with homebuyers in tight market
Homebuyers looking for a new spot to lay their head at night in Metro Detroit are competing for one of the limited number of houses for sale. But added to the mix: investors, who are also vying to buy homes from the same historically low pot. Their inverse goal: a spot for others to lay their heads…
·crainsdetroit.com·
Investors compete with homebuyers in tight market
Pandemic pets are a 'furry annuity,' says Petco CEO
Pandemic pets are a 'furry annuity,' says Petco CEO
NEW YORK (AP) — Yummy, a 12-year-old Labrador retriever, is in Petco's San Diego offices so much he has his own title. “We call him the chief dog officer,” says CEO Ron Coughlin, the real top dog at Petco, who brings Yummy to work every day.
·apnews.com·
Pandemic pets are a 'furry annuity,' says Petco CEO
Levi's CEO on changing sizes, inflation and voter rights
Levi's CEO on changing sizes, inflation and voter rights
NEW YORK (AP) — As Americans start to go out and update their wardrobes, jeans giant Levi Strauss & Co. is enjoying a resurgence in denim. That has helped the company upgrade its fiscal first-half outlook and has pushed shares of Levi’s about 30% higher so far this year.
·apnews.com·
Levi's CEO on changing sizes, inflation and voter rights
Seeing How Much We Ate Over the Years | FlowingData
Seeing How Much We Ate Over the Years | FlowingData
How long will chicken reign supreme? Who wins between lemon and lime? Is nonfat ice cream really ice cream? Does grapefruit ever make a comeback? Find out in these charts.
·flowingdata.com·
Seeing How Much We Ate Over the Years | FlowingData
How 'Chaos' In The Shipping Industry Is Choking The Economy
How 'Chaos' In The Shipping Industry Is Choking The Economy
The U.S. trade deficit is hitting record highs — and it's fueled by a surge in demand for imports, mostly from East Asia. On both land and at sea, the shipping industry is struggling to keep up.
·npr.org·
How 'Chaos' In The Shipping Industry Is Choking The Economy
Thinner Mints: Girl Scouts have millions of unsold cookies
Thinner Mints: Girl Scouts have millions of unsold cookies
The Girl Scouts have an unusual problem this year: 15 million boxes of unsold cookies. The 109-year-old organization says the coronavirus — not thinner demand for Thin Mints — is the main culprit.
·apnews.com·
Thinner Mints: Girl Scouts have millions of unsold cookies
Michigan apple growers see threat of climate change crisis through spread of fire blight
Michigan apple growers see threat of climate change crisis through spread of fire blight
Patrick and Sara McGuire have been growing apples since they were married 25 years ago. Their 150 acres in Ellsworth in northern Michigan— dubbed Royal Farms — are a mix of sweet apples and the bitter varieties suited for making hard cider.Last spring they put in a new crop of…
·crainsdetroit.com·
Michigan apple growers see threat of climate change crisis through spread of fire blight
How the World Ran Out of Everything
How the World Ran Out of Everything
Global shortages of many goods reflect the disruption of the pandemic combined with decades of companies limiting their inventories.
·nytimes.com·
How the World Ran Out of Everything
Chip shortage hits subprime lender Credit Acceptance as car loan volumes tumble
Chip shortage hits subprime lender Credit Acceptance as car loan volumes tumble
Amid its own internal tumult, coupled with unheard of external market conditions, Credit Acceptance Corp. has seen its loan volumes take a dive off the cliff. The Southfield-based subprime auto lender (NASDA: CACC) disclosed in a regulatory filing this week that its May "Consumer Loan assignment…
·crainsdetroit.com·
Chip shortage hits subprime lender Credit Acceptance as car loan volumes tumble