GRDadof3

West Michigan/Grand Rapids Economy

Recommended Posts

9 hours ago, walker said:

 

Just an update on opportunity zones, John Gallagher, the business editor at the Free Press, a couple of days ago wrote about a study that says that the opportunity zones tax break is/was not a good idea.  But then GRDadof3 already said that above:

FREE PRESS: opportunity zones study

Word. Although his reasons are a bit different from mine. 

Share this post


Link to post
Share on other sites


This is a really great article (with data and graphs, swoon) about the overall housing market in the U.S.  We've talked about a lot of these issues and how they are affecting the local housing market. 

In a nutshell, economy is about as healthy as an economy can get, but housing prices were getting too high. 

https://www.oppenheimerfunds.com/advisors/article/should-we-worry-about-the-us-housing-slowdown

Share this post


Link to post
Share on other sites
1 hour ago, GRDadof3 said:

This is a really great article (with data and graphs, swoon) about the overall housing market in the U.S.  We've talked about a lot of these issues and how they are affecting the local housing market. 

In a nutshell, economy is about as healthy as an economy can get, but housing prices were getting too high. 

https://www.oppenheimerfunds.com/advisors/article/should-we-worry-about-the-us-housing-slowdown

And mortgage delinquencies are at an 18 yr low - https://www.mba.org/2019-press-releases/february/mortgage-delinquencies-dropped-to-18-year-low-in-the-fourth-quarter-of-2018

Edited by arcturus
  • Like 1

Share this post


Link to post
Share on other sites

Bissell is adding about 25,000 square feet of office space at it's Walker headquarters.  They expect to hire 100 new people.    EDIT: The Press says up to 150 employees could fill the space, with a weighted average salary of $75,000.  Not bad.

https://mibiz.com/sections/manufacturing/bissell-to-invest-10-million-to-expand-hq-in-walker

https://www.mlive.com/news/grand-rapids/2019/03/grand-rapids-area-vacuum-manufacturer-adding-100-jobs-10m-expansion.html

A side note,  I know Bissell is big into supporting pets, but you really don't hear their name much when it comes to philanthropy around town.  I'm I wrong?

Edited by mpchicago
  • Like 2

Share this post


Link to post
Share on other sites
On 3/8/2019 at 8:50 AM, mpchicago said:

Bissell is adding about 25,000 square feet of office space at it's Walker headquarters.  They expect to hire 100 new people.    EDIT: The Press says up to 150 employees could fill the space, with a weighted average salary of $75,000.  Not bad.

https://mibiz.com/sections/manufacturing/bissell-to-invest-10-million-to-expand-hq-in-walker

https://www.mlive.com/news/grand-rapids/2019/03/grand-rapids-area-vacuum-manufacturer-adding-100-jobs-10m-expansion.html

A side note,  I know Bissell is big into supporting pets, but you really don't hear their name much when it comes to philanthropy around town.  I'm I wrong?

They fund a lot locally, with 

and nationally, with sponsoring the Puppy Bowl,  before the Super Bowl, with  pet adoptions.....
I guess they do that, than sponsoring a Sports Team, .....they have their niche...and a very nice one, in my opinion....It also works well with their product line....if you have a pet and go out and buy a vacuum, what brand are you going to buy?

Share this post


Link to post
Share on other sites
7 hours ago, Morris said:

They fund a lot locally, with 

and nationally, with sponsoring the Puppy Bowl,  before the Super Bowl, with  pet adoptions.....
I guess they do that, than sponsoring a Sports Team, .....they have their niche...and a very nice one, in my opinion....It also works well with their product line....if you have a pet and go out and buy a vacuum, what brand are you going to buy?

I took his question as you don't see- Bissell Place, Bissell Arena, Bissell School of Veterinary.......

Share this post


Link to post
Share on other sites

Expanded employment numbers are out from January 2019.  GR Labor Force is up nearly 13,000 from this time last year. 

I predict the Labor Force will surpass the 600,000 mark by June 2019.  Quite historic.  (Take the 589,305 Labor Force number from June 2018 and add 13,000)

https://data.bls.gov/timeseries/LAUMT262434000000006?amp%3bdata_tool=XGtable&output_view=data&include_graphs=true

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.