Wednesday, August 20, 2008

Because I haven't posted any good news lately

On the invoice cover sheet for many months I was posting good news and it was popular. I haven't posted any over the summer, so here's one for you. Every down economy has a silver lining and the longer we stay down in the dumps about our situation in Michigan the longer the down turn will last. Everyone knows that Michigan has to build a new economy and as our president would say, "it's hard work". But the hard work is paying off. High tech companies are moving into Michigan. We're ripe. We've got lots of engineers looking for jobs, we've got lots of cheap communications running at the highest speeds, there's plenty of office space waiting for occupants, we've got excellent universities and we have a relatively low cost of living. On the high tech front the good news continues. This is Michigan's future and it really is exciting to see it developing. Don't get me wrong, we've got a really long road ahead but at least we know where our silver lining is.

$2 Billion and 1,496 Jobs Added to Region's Economy in 12 Months
DETROIT - At the annual meeting for investors today, the Detroit Regional Economic Partnership unveiled business growth and attraction results it assisted in during it's 2007-2008 program year (July 1, 2007-June 30, 2008).  During the year, The Partnership helped 67 companies either expand or locate in the Detroit Region.  These efforts generated $2 billion in additional investment and added 1,496 new jobs for Southeast Michigan's economy over the past year.  The Partnership is the Detroit Regional Chamber's economic development organization and a collaboration between the public and private sectors.



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