Tag: economy
Gas-Powered Cars Cheaper to Fuel than Electric in Late 2022
This release updates our analysis first published in Real World Cost of Fueling EVs and ICE Vehicles. 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 […]
Extraordinary Increase in Vehicle Prices Outpaces Wage Growth in 2021
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) […]
Michigan struggles to overcome COVID
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. […]
Empowering Michigan: The Economic Impact of Michigan’s University Research Corridor
State of the Lansing Region
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 […]