University of Michigan

Fed Chair Jerome Powell speaks at the March 19 press conference.

Fed Stays Put on Interest Rates, but Uncertainty Looms

Some experts contend that rates’ effects on asset performance are overstated.

Related Cos., Bedrock Team Up for $300M Detroit Innovation Center

The firms are part of the public-private partnership developing the 14-acre Detroit Center for Innovation which, along with the research building, will feature residential units and a hotel.

Oxford Cos. Adds 3 New Tenants to Ann Arbor Asset

After leasing 150,000 square feet of office space, the company increased the building’s occupancy from 38 to 96 percent.

Economy Watch: Consumers Optimistic For Now

American buyers feel good about their own current financial situation, but remain a little leery about the future of the economy.

Economy Watch: Consumer Sentiment Hits 14-Year High

Despite some uncertainty about the impact of proposed trade tariffs, U.S. consumers were more optimistic in March, according to the University of Michigan’s latest report.

Economy Watch: Retailers Likely Had Strong Holiday Season

While the data is still being complied, increases in consumer confidence and personal incomes are positive indications that retail sales were up this holiday season.

Economy Watch: Consumers Still Optimistic About U.S. Economy

During the first nine months of 2017, the University of Michigan’s sentiment index averaged 96.2, ahead of the 2016 and 2015 averages, making this year the highest recorded average since 2000.

Economy Watch Weekly: Consumers Concerned by Storms’ Impact

Economy Editor Dees Stribling discusses the recent hurricanes’ effect on U.S. consumers outlook for the economy, for the week ending Sept. 22, 2017.

Economy Watch: Consumers Unnerved by Recent Storms

Consumers responding to the University of Michigan’s latest survey expressed concerns that Hurricane Harvey and Hurricane Irma would negatively impact the overall economy, leading to a drop in the Sentiment Index in August.

Economy Watch: Consumers Feeling Good This Summer

The University of Michigan’s latest sentiment survey reveals that consumer confidence in August reached its highest level since January, indicating a positive overall outlook for the U.S. economy.