Economy

DEARBORN, MI (AP)--   Triple A Michigan says gas prices statewide have dropped by about 16 cents in the past week.  

The decline in gas prices follows an increase of about 50 cents reported a week earlier by AAA Michigan amid a partial shutdown of an Indiana oil refinery.

The Dearborn-based auto club says the average price of self-serve regular unleaded gasoline was about $2.84 per gallon on Sunday. That's about 66 cents less than at the same point a year earlier.

LANSING, MI (AP)--   Michigan's seasonally adjusted unemployment rate dipped last month to match the national average.  

The Michigan Department of Technology, Management & Budget released state and regional employment figures Wednesday.

July's statewide jobless rate was 5.3 percent, down two-tenths of a percentage point from June. It was 7 percent in July 2014.

The state says the number of unemployed in Michigan dropped by 12,000 last month.

Gas prices up dramatically

Aug 17, 2015

DEARBORN, MI (AP)--   AAA Michigan says gas prices statewide have jumped by about 50 cents in the past week.  

Gas prices in Michigan had fallen for five straight weeks. The sharp increase follows the unexpected, partial shutdown of a large Indiana oil refinery earlier this month.

AAA Michigan says the average price of self-serve regular unleaded gasoline was about $3 per gallon on Sunday, down about 50 cents from the same point a year ago.

Price of gas continues to drop

Aug 10, 2015

DEARBORN, MI (AP)--   Triple A Michigan says gas prices statewide have fallen by about 6 cents over the past week.  

The Dearborn-based auto club says the average price for self-serve regular unleaded gasoline was about $2.49 per gallon on Sunday. That's about $1.09 less than at the same time last year.

According to the club, gas prices in the state have dropped by at least six cents for five straight weeks.

Gas prices still going down

Aug 3, 2015

DEARBORN, MI (AP)--   AAA Michigan says gas prices statewide have fallen by about six cents over the past week.  

The Dearborn-based auto club says the average price for self-serve regular unleaded gasoline was about $2.55 per gallon on Sunday, about 96 cents less than at the same point a year earlier.

According to the club, gas prices in Michigan have fallen by at least six cents for four straight weeks.

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