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Ardelia Lee
EconomyFederal Reserve Bank of ChicagoMichigan

Michigan Has The Fastest Growing Economy In The Midwest Says Fed Report

When it comes to the Midwest, a recently released report of the Midwest Economy Index from the Chicago Federal Reserve puts Michigan’s economy on top. While the region as a whole remained flat according to the report released July 31, Illinois (-.07), Iowa (-.04) and Wisconsin (-.14) saw economic losses while Indiana (+.05) saw a small gain. Michigan gained +.19, and that’s the best in the Midwest, based on those states that comprise the Seventh Federal Reserve District. Here’s little exp...

Joel Gullickson
BeerDetroitEconomy

How Your Casual Drinking Habit Is Helping Michigan's Economy

Go ahead, ya lush, order another brew. You’re actually helping out the mitten with each sip. A new economic study released today highlights how the U.S. beer industry – from brewers and beer importers to beer distributors to retailers – generates nearly $253 billion in economic activity, produces $48.5 billion in tax revenue and supports 1.75 million jobs. The Beer Institute and the National Beer Wholesalers Association (NBWA) will release the Beer Serves America report during a Congressiona...

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