Economy

Economy
9:22 am
Mon July 28, 2014

Gasoline prices down significantly in some areas

DEARBORN, MI (AP)--   AAA Michigan says gasoline prices in the state dropped about 14 cents in the last week, the fourth straight week they've fallen. 

The auto club says that the average price of a gallon of self-serve regular unleaded gasoline was $3.49 on Sunday. That's about 17 cents less than one year ago.

Dearborn-based AAA Michigan surveys fuel costs at 2,800 Michigan gas stations daily. It says the cheapest price was $3.39 a gallon in the Lansing-East Lansing area and the most expensive was $3.68 in the Marquette area.

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Economy
9:04 am
Fri July 25, 2014

MI joblessness up, as expected

LANSING, MI (AP)--   Michigan authorities say the state experienced a typical seasonal increase in unemployment in the latest month. 

The state Department of Technology, Management & Budget said Thursday that the state's seasonally unadjusted joblessness rate reached 7.9 percent in June, up from 7.3 percent in May. It was 9.4 percent in June 2013.

The department says June's unemployment rates ranged from a low of 5.7 percent in the Ann Arbor and Grand Rapids regions to a high of 9.2 percent in populous metropolitan Detroit.

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Economy
9:49 am
Tue July 22, 2014

Water shutoffs suspended in Detroit

DETROIT, MI (AP)--   The city of Detroit says it won't shut off water to people with unpaid bills for the next 15 days, the latest response to a controversy that caused a large protest last week. 

The city gave an update Monday in bankruptcy court.

The water department stopped service to about 7,200 homes and businesses in June, compared to 1,570 in the same month last year. Water was restored to 43 percent after customers paid or worked out payment plans.

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Economy
7:14 am
Mon July 21, 2014

Price of gas down a smidge

DEARBORN, MI (AP)--   AAA Michigan says gasoline prices have fallen about three cents during the past week to a statewide average of about $3.63 per gallon.  

The auto club says Sunday the average is down about 21 cents from this time last year.

Of the cities it surveys, AAA Michigan says the cheapest price for self-serve unleaded fuel is in the Benton Harbor area, where it's about $3.57 a gallon. The highest average is in the Marquette area at about $3.72 a gallon.

Dearborn-based AAA Michigan surveys 2,800 Michigan gas stations daily.

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Economy
8:26 am
Fri July 18, 2014

WI officials say buy propane now for winter use

MADISON, WI (AP)--   Wisconsin consumer protection officials are offering propane users tips on purchasing more gas.  

A number of Midwestern states, including Wisconsin, grappled with a pronounced propane shortage this past winter due large to extended periods of frigid weather, a pipeline closure and heavy propane demand for drying grain.

The state Department of Agriculture, Trade and Consumer Protection says propane users should start planning ahead for this winter, saying prices are lower right now.

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