Drop in gas prices gives cost advantage back to ICE-powered vehicles for the first time since the second quarter of 2021. East Lansing, MI–January 24, 2023: 2022’s final quarter brought relief at the pump for drivers of traditional Internal Combustion Engine (ICE) vehicles as the cost to drive 100 miles dropped by more than $2. With […]
2021 a Tough Year for Would-Be Buyers East Lansing, MI–January 20, 2022: Anderson Economic Group has released the results of their recent analysis comparing new and used vehicle price increases to wage growth in the US private sector. The firm’s experts analyzed US Bureau of Labor Statistics data related to the Consumer Price Index (CPI) […]
Lethargic labor force recovery suggests Michigan economy has a long way to go before declaring recovery from COVID-19 pandemic East Lansing, MI– An analysis of newly released labor market data by experts at Anderson Economic Group (AEG) shows that the Michigan labor market is still struggling to recover in the wake of the COIVD-19 pandemic. […]
The Lansing Regional Chamber of Commerce (LRCC) and Lansing Economic Area Partnership (LEAP) partnered to sponsor the inaugural State of the Lansing Region report. Upon receiving support from the area’s business community and local stakeholders, the two organizations commissioned Anderson Economic Group to conduct a benchmarking study for the Lansing region. In this study, we […]
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 […]
This award-winning economic model correctly predicted the outcome of every election this century. Now, the 2020 prediction will be released on October 26. East Lansing, MI—October 20, 2020: The year 2020 has been anything but ordinary. However, a century of evidence shows certain indicators have consistently proven reliable in predicting presidential elections in the United […]
Nevada’s economy has been dominated by a handful of industry clusters that include hospitality and tourism, construction, and mining. These clusters are highly sensitive to boom and bust cycles that make the Nevada economy vulnerable to severe downturns–even when the national economy experiences only minor slowdowns. In recognition of the need to diversify, the Clark […]