Online gaming takes off as brick-and-mortar casino revenues tumble during pandemic East Lansing, MI–An analysis of casino revenue data by experts at Anderson Economic Group shows that online gaming, which was legalized this January, could be a boon for Michigan’s ailing gaming industry and for gaming tax revenue. The State closed brick-and-mortar casinos for several […]
Leisure and hospitality industries among the hardest hit as state finishes 2020 on a sour note East Lansing, MI–An analysis of new employment data by experts at Anderson Economic Group (AEG) shows that the Michigan economy is moving in the wrong direction for the first time since it began its recovery from the initial shock […]
AEG is pleased to unveil an interactive automotive dashboard to better serve our clients and patrons in the auto industry. The dashboard shows how key industry-specific and other relevant economic indicators are performing over time, and allows users to interact with each visualization to explore the data in depth. AEG will update this feature both […]
Demand growth continues through October 2020 In October, monthly demand for legal cannabis products in the U.S. increased by 0.9%. At 24.1%, year-over-year demand growth remains strong. The growth rate increased slightly from September to October, but remains slow compared to spring and summer. EAST LANSING, MI—January 14, 2020—According to Anderson Economic Group’s monthly AndCan®Index, […]
September 2020 legal U.S. cannabis product demand continues to grow Monthly demand for legal cannabis products in the U.S. increased by 0.7% in September. Year-over-year demand is strong, showing a 24.0% growth rate. The growth rate decreased from August to September, continuing the prior month’s trend of slower growth. EAST LANSING, MI—December 1, 2020—According to […]
August 2020 legal U.S. cannabis product demand sees continued growth U.S. monthly demand for legal cannabis products increased 1.5% in August The year-over-year growth rate in demand remains strong, at 22.8%. The growth rate decreased from July to August, marking a slowdown in the recent trend of rapid monthly growth. EAST LANSING, MI—November 10, 2020—According […]
2020 Pocketbook Prediction: Strong Early-2020 Economy Would Have Likely Reelected Incumbent—Fall Economy Probably Will Not Award-winning Pocketbook model has uncanny accuracy record, including every election this century East Lansing, MI—October 30, 2020: Many prognosticators are hedging their bets after 2016. However, a century of evidence shows that certain economic indicators have reliably predicted the outcome […]