Economy

Economy
9:40 am
Wed August 27, 2014

Road salt prices skyrocket

ANN ARBOR, MI (AP)--   With summer temperatures, who's thinking about winter road salt? Road agencies are — and they're seeing higher prices. 

The County Road Association of Michigan says there's sticker shock out there.

Washtenaw County is reporting an increase of at least $500,000 for the next winter. Road Commission operations director Jim Harmon says the "budget hits just keep on coming."

The Kent County Road Commission expects to pay $66 a ton, more than double the price from a decade ago.

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Economy
8:55 am
Mon August 25, 2014

Gas prices hold steady

DEARBORN, MI (AP)--   AAA Michigan says statewide gasoline prices remained stable last week as Detroit-area prices decreased. 

The auto club says the statewide average is relatively unchanged at about $3.51 per gallon. That's about 12 cents less than this time last year.

AAA Michigan says gas in the Detroit area decreased about 3 cents to roughly $3.47 per gallon. It says that's the cheapest average price for self-serve unleaded fuel in the cities it surveys. The highest average is in the Marquette area at $3.58 a gallon.

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Economy
9:44 am
Fri August 22, 2014

Michigan joblessness up

LANSING, MI (AP)--   Michigan authorities say the state's unemployment rate rose 0.7 percentage points in the latest month, calling it a reflection of normal seasonal changes in the job market.

The state Department of Technology, Management & Budget said Thursday that the state's seasonally unadjusted joblessness rate reached 8.6 percent in July, up from 7.9 percent in June. It was 9.9 percent in July 2013.

The department says July's unemployment rates ranged from a low of 6.3 percent in the Ann Arbor region to a high of 9.8 percent in populous metropolitan Detroit.

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Economy/Health and Human Services
9:11 am
Tue August 19, 2014

Water customers in Detroit getting help

DETROIT, MI (AP)--   A fund created to help Detroiters pay their water bills is getting $200,000 from United Way and the charitable arms of two auto companies.   

The donations were revealed Monday. The new Detroit Water Fund will pay a portion of overdue water bills if customers owe at least $300, pay 10 percent and meet other qualifications.

United Way for Southeastern Michigan is contributing $100,000, while the Ford Motor Fund and the General Motors Foundation are giving $50,000 each.

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Economy
8:46 am
Tue August 19, 2014

Upper Peninsula residents to pay higher electric bills

SAULT STE. MARIE, MI--   Electric customers in the Upper Peninsula will pay more for service if the Presque Isle Power Plant in Marquette is to stay open.  

That’s according to Dan Dasho, President and CEO of Cloverland Electric Cooperative in Sault Ste. Marie. 

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