West Michigan In The News
The sluggish housing market and other economic woes have had a beneficial side effect for Grand Rapids: a population increase, which results in a healthier economy.
A national study has found that Grand Rapids is one of only 66 major housing markets nationwide where purchasing a home could cost less than renting an apartment and homebuyers could build substantial equity in just 12 years.
Coming on the heels of the signing of the Great Lakes Compact, which safeguards Great Lakes water, state legislators, top researchers, and area business leaders advocated for a 20-year, $20 billion strategy to clean up the Great Lakes; a venture that promises to create jobs and bring billions in statewide tourism and manufacturing.
In mid-September, business and civic leaders from all over West Michigan, and lawmakers from all over the state, will gather in Grand Rapids to discuss and dissect economic policies that matter to the region and will set it on a course for prosperity and jobs.
Auto enthusiasts can join the excitement this October as over 60 cars race into Grand Rapids, the finale of a cross-country road rally designed to raise publicity for missing children rescue. The rally also gives West Michigan an end-of-the-season economic boost.
Grand Rapidsí growing reputation as a preferred city for conventions brings tens of thousands of people and millions of dollars into the local economy, and with that growth in mind, the Convention and Visitors Bureau has selected a new leader with a proven track record to continue the momentum.
As the West Michigan faces the foreclosure crisis and homeowners fight to keep their families in their homes, a new federal bill could rescue up to 15 percent of those homeowners and help to stabilize a struggling economy.
Football season hasnít even started, but Michigan and Virginia are head-to-head in spirited competition.
A study showing that West Michiganís fastest growing companies span all industries and employment ranges contradicts conventional thought that Michiganís future lies in targeted industries or in pulling in new, untested entrepreneurs.
A recent feasibility study of the proposed streetcar system for downtown Grand Rapids says the streetcar could spur $400 million in development by way of restaurants, stores and moreówhich means more jobs for the region.
Itís time to dispel the brain drain myth: stories of Michiganís young people hitting the road after graduation and never looking back may have some merit. But a recent study says that during the same time state officials were worried about the loss the population of young adults was on the rise, outpacing the rest of the country.
China continues to grow as a worldwide force and demand for healthcare management professionals continues to rise in West Michigan. So one West Michigan university recently responded by establishing the regionís first degree program in Chinese language and culture, and a separate doctorate program in nursing practice.
Michigan manufacturing is in the midst of a conundrum: the number of jobs is decreasing while manufacturing output is increasing. The solution could be engineers with high-level tech and manufacturing skills.
The push to bring out-of-state travelers and their wallets to Michigan reached beyond U.S. borders this week when a state tourism official played host and tour guide to a cadre of European travel agents in hopes of encouraging overseas travel to the state.