Category Archives: South East Michigan

Detroit Area Still Expanding But at a Slower Rate

The good news is that the Detroit metro area is still adding jobs. However, job growth in the  Detroit MSA is underperforming the U.S. average. For the 12 months ending in October 2013, Detroit added jobs at a 1.1 percent … Continue reading

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Detroit Job Growth Weak While Home Values Grow

Detroit metro-area payroll employment growth was weak in the first half of 2013, while the unemployment rate continued to drop. Payroll employment grew at 0.6 percent year over year in 2013Q1 and 0.5 in 2013Q2. Current year-over-year job growth is … Continue reading

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Detroit Payrolls Slip as Financial Crisis Worsens

After outpacing the national average through 2010 and 2011, payroll job growth in the Detroit metro area has slipped into reverse. Since hitting a post-recession peak of 1,811,700 jobs in August 2012, about 15,000 jobs have been lost on net … Continue reading

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Detroit Stabilizes After Auto Bounce

Job growth in the Detroit metro area is easing in late 2012 after beating the U.S. average through 2011. On a year-ago basis, payroll jobs in Detroit were up 0.4 percent in October, compared with 1.5 percent for the U.S. … Continue reading

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Auto Industry Stability Buffers Detroit

The Detroit metro area economy has benefitted from a stabilized domestic auto industry, propped up by the post-recession rebound in U.S. auto sales.  Auto sales have increased from a low annual rate of just 9.0 million units in February 2009 … Continue reading

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Detroit Finds Breathing Room but Faces Challenges

The Detroit metro area economy is stabilizing with the help of increasing auto sales and an upsurge in auto production. U.S. auto sales were at a 14.3 million unit pace in March and are expected to continue to climb through … Continue reading

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Detroit Is Finding Stability but Long-Term Issues Remain

The Detroit metro area economy is stabilizing with the help of increasing auto sales and an upsurge in auto production. U.S. auto sales at a 13.5 million unit pace in December have lifted off the 9.2 million unit floor hit … Continue reading

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