Retail Boom & Feast or Famine
Did you know?
Retail Boom
Believe it or not, retail projects in the Metro Detroit area are booming. For example, a 155 million dollar mall is being built in Clinton Township. Which is a small portion of the 1 billion dollar in retail projects under construction in the area. What does this mean? It means that consumers in Michigan have money to spend! Yes, retailers expect marginal profits in the next couple of years, but they expect growth each year. Experts say that business will continue to improve and that the Michigan economy will improve by the end of the decade.
Did You Know?
Feast or Famine
As a general rule when the economy is in a down turn (famine) new home construction may slow while existing home remodeling projects rise (feast). The bottom line is that a license builder has ample opportunities to make a living in a strong economy as well as in a weak economy.
Did You Know?
That in Michigan a builder is required to notify the Bureau of Commercial Services for any change of address.
Retail Boom
Believe it or not, retail projects in the Metro Detroit area are booming. For example, a 155 million dollar mall is being built in Clinton Township. Which is a small portion of the 1 billion dollar in retail projects under construction in the area. What does this mean? It means that consumers in Michigan have money to spend! Yes, retailers expect marginal profits in the next couple of years, but they expect growth each year. Experts say that business will continue to improve and that the Michigan economy will improve by the end of the decade.
Did You Know?
Feast or Famine
As a general rule when the economy is in a down turn (famine) new home construction may slow while existing home remodeling projects rise (feast). The bottom line is that a license builder has ample opportunities to make a living in a strong economy as well as in a weak economy.
Did You Know?
That in Michigan a builder is required to notify the Bureau of Commercial Services for any change of address.
