Economy

DEARBORN, MI (AP)--   AAA Michigan says gas prices statewide have decreased by about 13 cents in the past week.  

The Dearborn-based auto club says the average price for self-serve regular unleaded gasoline was about $1.60 per gallon on Sunday. That's about 34 cents less than it was at the same point last year.

The lowest average price was about $1.47 per gallon in the Lansing area, while the highest average was about $1.77 per gallon in the Marquette area.

Michigan currently ranks fifth in the nation for the lowest statewide average gas price.

LANSING, MI (AP)--   The state says Michigan's annual average unemployment rate fell in 2015, marking the sixth straight yearly decline.  

The Michigan Department of Technology, Management and Budget said Wednesday that the preliminary annual average unemployment rate was 5.4 percent last year, down from the 2014 annual rate of 7.3 percent. The 2015 measure was slightly above the 5.3 percent national annual rate.

The agency says Michigan's annual unemployment rate has fallen each year since hitting a recent annual high of 13.7 percent in 2009.

DEARBORN, MI (AP)--   AAA Michigan says gas prices statewide have decreased by about 13 cents in the past week.  

The Dearborn-based auto club says the average price for self-serve regular unleaded gasoline was about $1.74 per gallon on Sunday. That's about 19 cents less than it was at the same point last year.

The lowest average price was about $1.63 per gallon in the Lansing area, while the highest average was about $1.85 per gallon in the Marquette area.

The last time the statewide average gas price dipped below $1.75 was in January 2009.

ST. IGNACE, MI (AP)--   Traffic across the Mackinac Bridge has increased over the past year.  

The Evening News of Sault Ste. Marie reported Saturday that more than 3.9 million vehicles used the span in 2015 to cross between Michigan's Upper and Lower peninsulas.

More than 3.6 million crossed the bridge in 2014.

Mackinac Bridge Authority Executive Secretary Bob Sweeney says "the improving economy is likely the largest factor driving this increase in traffic."

DEARBORN, MI (AP)--   AAA Michigan says gas prices statewide have dropped 3 cents from the previous week.  

The Dearborn-based auto club says the average price for self-serve regular unleaded gasoline is about $1.88. It's 8 cents less than it was at the same point last year.

The lowest average price was about $1.80 a gallon in Lansing area, and the highest average was about $1.92 in the Traverse City area.

The auto club says the average gas price in all 10 Michigan metropolitan areas remains below $2 for the seventh week in a row.

Pages