Data That We Track, May 2018
How Our Target Area Fared As one would expect, seasonality begins its run in May in earnest, with the rural communities of Michigan all seeing drops in jobless…
How Our Target Area Fared As one would expect, seasonality begins its run in May in earnest, with the rural communities of Michigan all seeing drops in jobless…
How Our Target Area Fared The latest population estimate prepared by the US Census revealed that Michigan grew by 3% between 2016 and 2017. Among the 78 counties…
How Our Target Area Fared Only one county in Michigan and two in Wisconsin saw their jobless rates rise in March, contributing to a 1/10 lowering of Michigan’s…
How Our Target Area Fared The expected is realized as jobless rates in the north peak in January and February. Mackinac leads the way at 24.2% and Cheboygan…
Musings from the Month When NI President Dennis West first arrived 20 years ago, he says, "I had a couple of meetings where I was told that…
Every day, our entire team here at Northern Initiatives talks to many people. Our lending staff talks with customers, that often times might not qualify for traditional bank loans, about…
New Data and New Information We added six counties to our target market. When you look at the September data, we are now looking at data for 52…
New Data and New Information The August numbers showed the reaches of seasonal employment into Northern Michigan. Five of the 51 counties in our service area had rising…
Northern Initiatives itself once a startup, made its 1,000th loan, demonstrating a strong entrepreneurial culture in the Upper Peninsula and Northern Michigan. Northern Initiatives closed its 1,000th loan…
New Data and New Information July offered a curious report on jobless data, to say the least. Michigan’s jobless rate fell to 3.7% -- well below the national…