“Economics Perspective” – Brian Long

/"Economics Perspective" - Brian Long

2018: Off to a Good Start

By Brian G. Long, Ph.D., C.P.M. For the West Michigan industrial economy, 2018 is starting on a positive note. According to the data collected in the last two weeks of January, NEW ORDERS, our index of business improvement, rose modestly to +23 from +19. In a similar move, the West Michigan PRODUCTION index edged up [...]

By |2018-02-09T23:59:39+00:00February 9th, 2018|"Economics Perspective" - Brian Long|Comments Off on 2018: Off to a Good Start

2017 Ends with Solid Growth

By Brian G. Long, Ph.D., C.P.M. Historically, the end of the year has sometimes been rough for the West Michigan economy. However, according to the data collected in the last two weeks of December, the local economy finished 2017 on a solid footing. NEW ORDERS, our closely watched index of business improvement, was virtually unchanged, [...]

By |2018-02-09T23:44:09+00:00January 5th, 2018|"Economics Perspective" - Brian Long|Comments Off on 2017 Ends with Solid Growth

Growth, But Slightly Slower

By Dr. Brian G. Long, Ph.D., C.P.M. For the past couple of years, growth in the West Michigan economy has been a little sluggish in the fall. For instance, NEW ORDERS, our index of business improvement, dipped to -1 in November 2015 and dropped much more abruptly to -13 in the October 2016 on the [...]

By |2017-11-15T22:12:43+00:00November 15th, 2017|"Economics Perspective" - Brian Long|Comments Off on Growth, But Slightly Slower

Positive Growth Continues

By Dr. Brian G. Long, Ph.D., C.P.M. Yes, the West Michigan economy is still going strong. According to the West Michigan survey conducted during the last two weeks of September, NEW ORDERS, our closely-watched index of business improvement, rose quietly to +21 from +19. The PRODUCTION index remained positive but retreated modestly to +17 from [...]

By |2017-11-15T22:13:04+00:00October 10th, 2017|"Economics Perspective" - Brian Long|Comments Off on Positive Growth Continues

Growth Rate Improves

By Dr. Brian G. Long, Ph.D., C.P.M. After a summer lull, the West Michigan economy resumed the positive growth pattern we have seen for the past eight years. According to the survey conducted during the last two weeks of August, NEW ORDERS, our index of business improvement, rose to +19, up nicely from last month’s [...]

By |2017-11-15T22:13:24+00:00September 8th, 2017|"Economics Perspective" - Brian Long|Comments Off on Growth Rate Improves

Slower Growth

By Dr. Brian G. Long, Ph.D., C.P.M. After six months of disappointing car sales, the impact on our local auto parts suppliers is finally being felt by the West Michigan economy. It’s not a collapse, just a modest tapering of the growth rate. And growth is still growth. According to the survey conducted during the last [...]

By |2017-11-15T22:13:52+00:00August 4th, 2017|"Economics Perspective" - Brian Long|Comments Off on Slower Growth

Still Growing

By Dr. Brian G. Long, Ph.D., C.P.M. Yes, the West Michigan industrial economy remains on track. According to the monthly survey conducted during the last two weeks of June, NEW ORDERS, our index of business improvement, came in at +31, a modest improvement over last month’s report of +27. In a similar move, the PRODUCTION [...]

By |2017-11-15T22:14:21+00:00July 6th, 2017|"Economics Perspective" - Brian Long|Comments Off on Still Growing

Still Strong, But…

By Dr. Brian G. Long, Ph.D., C.P.M. Yes, the news is still good. The latest survey of the West Michigan industrial economy conducted during the last two weeks of May remains fairly positive, even though concerns have been raised about falling auto sales. NEW ORDERS, our closely watched index of business improvement, came in at [...]

By |2017-11-15T22:14:38+00:00June 6th, 2017|"Economics Perspective" - Brian Long|Comments Off on Still Strong, But…

Back to a Two Year High

By Dr. Brian G. Long, Ph.D., C.P.M. Good news is always welcome, and according to the latest survey conducted during the last two weeks of April, the West Michigan economy is surprisingly strong. NEW ORDERS, our index of business improvement bounced to +35, up nicely from+21. However, the PRODUCTION index remained very strong but eased [...]

By |2017-11-15T22:14:57+00:00May 5th, 2017|"Economics Perspective" - Brian Long|Comments Off on Back to a Two Year High

Double Digit Growth Continues

By Dr. Brian G. Long, Ph.D., C.P.M. Despite the signs that several of our local industries are topping out, West Michigan business conditions remain positive. According to the latest survey conducted during the last two weeks of March, NEW ORDERS, our index of business improvement, moderated to +21, down slightly from +25. However, the PRODUCTION index bounced to +31, up significantly [...]

By |2017-07-25T14:09:40+00:00April 7th, 2017|"Economics Perspective" - Brian Long|0 Comments