Michigan inflation

Gas Prices Are Falling. So Why Is Inflation Still Rising? What It Means For Michigan

ANN ARBOR – Michigan drivers are finally getting some relief at the gas pump, with the average price of regular gasoline falling about 45 cents over the past month to roughly $4.18 a gallon. But just as consumers are starting to save money every time they fill up, a new federal inflation report delivered the

By |2026-06-25T17:53:17-04:00June 25th, 2026|Featured, News|

Why Your Next Restaurant Meal, Home Repair And Vacation Could Cost More This Summer

LANSING — If your summer vacation seems more expensive, your favorite restaurant raises prices again, or that long-delayed home repair costs more than expected, Michigan small businesses say rising costs are increasingly forcing them to pass those expenses on to customers. A new survey from the National Federation of Independent Business (NFIB) found small business

By |2026-06-10T14:36:39-04:00June 10th, 2026|Business, News|

Could Michigan See $5 Gas Again? Oil Industry Sounds Alarm On Falling Inventories

ANN ARBOR - Michigan consumers could be facing another round of economic pain as major oil companies and commodity traders warn that global petroleum inventories are falling to unusually low levels, raising concerns that crude oil prices could surge to $150 per barrel or higher if another major supply disruption occurs. For Michigan residents, the

Michigan Faces Summer Energy Shock As Gas, Diesel, Electricity Prices Climb

LANSING - Michigan consumers and businesses are heading into summer facing rising energy costs as global conflict, inflation and growing electricity demand push up prices for gasoline, diesel fuel, electricity and natural gas across the state, according to a new 2026 summer outlook from the Michigan Public Service Commission. The report lands as Michigan is