Economy

Stay informed with the latest updates on the Detroit, MI economy, a hub of innovation and industry. This news category page offers comprehensive coverage of economic developments, job market trends, and business growth in Detroit. With a focus on the automotive industry, manufacturing advancements, and entrepreneurial ventures, readers can explore how these sectors influence the local economy. Stay ahead of the curve with insightful articles on economic policies, investments, and initiatives that shape Detroit’s financial landscape.

Discover the impact of local government decisions, community redevelopment projects, and workforce initiatives on the economy of Detroit, MI. This page features in-depth analyses and expert opinions on key economic indicators, such as unemployment rates, housing market fluctuations, and consumer spending trends. Whether you’re a business leader, investor, or resident, our curated news coverage provides essential information to navigate the evolving economic environment in Detroit. Stay connected with the stories that matter most to the economic future of one of America’s most resilient cities.

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Construction of the Gordie Howe International Bridge with cranes
Breaking News

Final Tower Crane Removed from Gordie Howe International Bridge

News Summary The final tower crane at the Gordie Howe International Bridge construction site will be dismantled this week, marking a crucial milestone in the five-year project. Construction began in 2018 and includes essential engineering efforts that will connect Detroit and Windsor. Scheduled for completion in September, the bridge is

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Tower crane dismantling at Gordie Howe International Bridge construction site
Breaking News

Dismantling of Tower Crane Marks Milestone for Gordie Howe Bridge

News Summary The final tower crane for the Gordie Howe International Bridge is set to be dismantled, signaling a major milestone in the construction of this vital infrastructure project. The twin cranes have been a fixture in the Detroit and Windsor skylines since their arrival in 2020, playing a crucial

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View of Lafayette Park showing trees and townhouses
Breaking News

Detroit Thermal Barred from Work in Lafayette Park

News Summary Detroit Thermal has received a temporary restraining order halting its steam heat project in Lafayette Park due to a lawsuit from local residents. The cooperative associations claim the project poses a risk to the historic integrity of the neighborhood, fearing destruction of greenspaces and inadequate community engagement. A

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Community members collecting cash during a helicopter drop in Detroit
Breaking News

Detroit Community Unites for Remarkable Cash Drop Tribute

News Summary On a summer afternoon, Detroit’s Gratiot Avenue became the site of an extraordinary event as a helicopter dropped thousands of dollars in cash to honor the late Darrell Thomas. The cash drop, which brought joy and excitement to the community, coincided with Thomas’s funeral and exemplified his legacy

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Collage of urban neighborhoods affected by industrialization in Detroit
Breaking News

BridgeDetroit Reporter Joins ProPublica’s Local Reporting Network

News Summary Jena Brooker, a BridgeDetroit reporter, has been named one of five partners in ProPublica’s Local Reporting Network. This fellowship allows her to focus on in-depth investigative pieces regarding the impact of heavy industry on Detroit neighborhoods, collaborating with BridgeDetroit and BridgeMichigan to enhance local journalism and address environmental

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Illustration depicting organized retail crime at a shopping location
Breaking News

West Bloomfield Business Owner Charged in Major Theft Operation

News Summary Sean Allos, a business owner in West Bloomfield Township, has been charged with participation in a $4 million theft and resale operation linked to Sam’s Club. Facing numerous felony charges, including conducting a criminal enterprise, he could face significant prison time. The charges, revealed by Michigan Attorney General

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Illustration showing a house with a Fraud Alert sign representing deed fraud concerns
Breaking News

Wayne County Registers Alarming Rise in Deed Fraud Cases

News Summary The Wayne County Register of Deeds warns of a significant increase in deed fraud, especially deed theft, following recent legislative changes. Approximately a dozen cases have been reported, with losses exceeding $1 million for property owners. New laws classify fraudulent document submissions as felonies and aim to protect

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View of Lafayette Park neighborhood in Detroit with townhouses and greenspaces.
Breaking News

Detroit Thermal Revises Plans for Lafayette East Cooperative Reconnection

News Summary Detroit Thermal has announced updates to its steam heating reconnection plans for the 1300 Lafayette East Cooperative following community feedback. Originally facing opposition due to proposed ventilation stacks near local playgrounds, the company has submitted revised plans that remove the stacks entirely. A crucial review by the Historic

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Construction site of Gordie Howe International Bridge with dismantled cranes
Breaking News

Gordie Howe International Bridge Construction Milestone

News Summary The construction of the Gordie Howe International Bridge has achieved a significant milestone with the dismantling of its iconic blue and red tower cranes. This crucial step advances the completion of the $5.7 billion project, which will connect Detroit, Michigan, with Windsor, Ontario. The cranes, vital for lifting

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Construction site of the Gordie Howe International Bridge showing cranes and the Detroit skyline.
Breaking News

Milestone Achieved in Gordie Howe International Bridge Construction

News Summary The Gordie Howe International Bridge project reached a significant milestone with the dismantling of two major tower cranes, crucial for the bridge’s construction. These cranes, operational since 2020, played a vital role in lifting materials for the bridge that is set to be completed by September 2025. With

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