Economic Impact of Michigan’s University Research Council: 13th Edition, 2022

We are pleased to present the results of Anderson Economic Group’s 13th economic impact report for Michigan’s University Research Corridor. This report comes at a critical juncture for the State of Michigan; one that puts into perspective the role that URC institutions play in sustaining our economy through difficult times. As we prepare this report […]

Automotive Industry Alert: Burning Felicity Ace Could be a Half-Billion Dollar Disaster

February 21, 2022 – East Lansing, MI – The giant car-carrying Felicity Ace began to burn last Wednesday, and its crew safely abandoned ship the same day. Based on Thursday’s initial reports (which indicated the entire crew had abandoned ship and that the vessel was still burning), we estimated impending losses while presuming some salvage […]

UPDATED “Freedom Convoy” Disruptions: Direct Loss Tally Surpasses One Quarter Billion Dollars

February 14, 2022 – East Lansing, Michigan –Anderson Economic Group has updated our February 10th estimate of lost auto industry wages due to the trade disruptions in Sarnia and Windsor, Canada associated with the “Freedom Convoy” protests. Our updated estimate includes lost direct wages for Michigan, lost direct wages in Ontario, and some lost direct […]

“Freedom Convoy” – Additional Notes and Methodology

Methodology and Assumptions Methodology The methodology we use here is the same we have employed numerous times, including most recently in the UAW-GM strike in 2019. It involves: Identifying the specific cause, and the directly-affected employers and workers. Identifying the number of workers in affected facilities or segments of the industry. Estimating a share of […]

Economic & Fiscal Impact of the Sanford Underground Research Facility (SURF)

The Sanford Underground Research Facility (SURF) is a multidisciplinary underground science research laboratory located in Lead, South Dakota. SURF is managed by the South Dakota Science and Technology Authority (SDSTA). SDSTA retained Anderson Economic Group to estimate the economic and fiscal impact of SURF on South Dakota and the Western South Dakota region. To determine […]

Economic Footprint of Renewable Energy Development in Minnesota

The McKnight Foundation (an environmental advocacy foundation based in Minnesota) retained Anderson Economic Group to conduct an economic and fiscal footprint analysis of Xcel Energy’s draft Integrated Resource Plan (IRP), as well as an alternative energy development plan proposed by a coalition of clean energy organizations (CEOs). Xcel Energy is the largest electric utility provider […]

Red Cedar Project: Economic and Fiscal Impacts

Continental/Ferguson Lansing, LLC commissioned Anderson Economic Group to update our 2018 economic impact analysis of a proposed development located at the former Red Cedar Golf Course in Lansing, Michigan. We completed our study in the fall of 2018 using information pertaining to the development plan at that time. The Lansing City Council used our report […]

Economic Impact of Beer Tourism in Kent County, Michigan

Grand Rapids, Michigan is home to nearly 40 popular breweries. The first and most well-known is Founders Brewing Company, which was established in 1997. Over the next decade and a half, a number of breweries opened, and the city was voted Beer City USA in 2012 and 2013. In 2016 and 2017, USA Today readers […]

Why Detroit is Built to Succeed: Looking at Detroit’s Past to See Its Future

Diplomatic Courier,

Lansing employs 20 percent of state’s insurance industry

MLive,