Category Archives: Central West Michigan

Central West Michigan Catching National Attention

According to Forbes Magazine, Grand Rapids is the top city in the country to invest in housing for 2016. Forbes cited strong population and employment growth as support for the city’s spot. The area is still heating up, with the … Continue reading

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Central West Michigan Sees Firming Labor Markets

A study by All Property Management recently found Grand Rapids to be one of the best rental markets in the nation. Looking at the data, this is not a surprise. The vacancy rate of rental units in the 2015Q2 was … Continue reading

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Central West Michigan Benefits from Mid-Cycle Economy

As automobile sales hit cyclical highs, the Central West Michigan labor market is peaking. Since the end of 2009, the unemployment rate for the region has contracted by an average of one-third of one percent every quarter, outpacing the national … Continue reading

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Central West Michigan Revving up for Summer

As Michigan emerges from a tough and long winter, the state economy is improving. While the strong dollar has started to hit manufacturers’ export sales, vehicle demand remains firm and near its cyclical high, driving high-paying jobs in the region. … Continue reading

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Central West Michigan Boosted by Grand Rapids

The Central West Michigan economy is supported by the surprising strength of Grand Rapids. Grand Rapids was recently ranked as the fifth fastest growing city in terms of per capita growth from 2010 to 2013, according to the Bureau of … Continue reading

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Central West Michigan’s Economy Continues to Improve

The Central West Michigan (CWM) region, home to auto, manufacturing, and office furniture industries, grew better than expected, especially in the second quarter of 2014. Payroll jobs were up by 2.7 percent year-over-year, adding a net of 12,000 jobs in … Continue reading

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Central West Michigan Continues to Grow Moderately

The Central West Michigan (CWM) region, with auto, manufacturing, services, and furniture industries as the major drivers of the economy, comprises about 24 percent of the total nonfarm payroll jobs in Michigan.  In 2014Q1 CWM added a net of 4,400 … Continue reading

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Central West Michigan’s Economy to Improve Moderately

The Central West Michigan (CWM) area created about 29,500 nonfarm payroll jobs in 2013, of which more than 64 percent were in the Grand Rapids metro area. CWM private businesses created more than 3,550 jobs in the manufacturing sector alone … Continue reading

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Central West Michigan’s Economy Continues to Improve

Auto-related and furniture manufacturing industries are the mainstays of the Central West Michigan economy. Healthcare, biotechnology, higher education, and high-tech industries also contribute tremendously to the region’s economy. Out of more than 82,700 manufacturing jobs created in the state of … Continue reading

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Central West Michigan Outlook Moderately Positive

Labor and income data for Central West Michigan were mixed in Q2. Payroll employment was up 1.3 percent year over year in Q2. Household employment increased, yet was outpaced by growth of the labor force resulting in an uptick in … Continue reading

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