Market Report from the MLCC, MAF, & EA: please be sure to allow images to fully enjoy this newsletter.
September 2014

                
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Employment Numbers 

  

Labor force  

June 2013 = 85,700
June 2014 = 86,100
July 2013 = 85,700
July 2014 = 86,600
Aug 2013 = 84,400
Aug 2014 = 85,600

 
 

 

Employment             

June 2013 = 77,400
June 2014 = 79,700
July 2013 = 77,000
July 2014 = 79,500
Aug 2013 = 76,800
Aug 2014 = 80,400


 

 

Employment by Sector

Goods Producing   

June 2013 = 14,700
June 2014 = 14,800
July 2013 = 14,600
July 2014 = 14,900
Aug 2013 = 14,800
Aug 2014 = 14,900


 

 

Service Providing
 

June 2013 = 47,900
June 2014 = 48,200
July 2013 = 47,000
July 2014 = 47,800
Aug 2013 = 47,200
Aug 2014 = 47,800

 

 

Business Counseling Appointments 


 

SCORE & MI-SBTDC

June 2013 = 43

June 2014 = 63
July 2013 = 62
July 2014 = 27
Aug 2013 = 60
Aug 2014 = 24
 
 

 

 

 

Muskegon County Housing Data

 

Number of Homes Sold

June 2013 = 213
June 2014 = 218
July 2013 = 248
July 2014 = 198
Aug 2013 = 223
Aug 2014 = 218
 

 

 

Average Sale Price  

June 2013 = $100,430
June 2014 = $110,716
July 2013 = $115,337
July 2014 = $125,840
Aug 2013 = $95,706
Aug 2014 = $121,716
 

 

 

Muskegon Airport Traffic

Takeoffs & Landings 
June 2013 = 3,860
June 2014 = 2,621

July 2013 = 4,009
July 2014 = 4,067
Aug 2013 = 4,045
Aug 2014 = 3,686



Airport Cargo in lbs.  
June 2013 = 2,589
June 2014 = 6,404
July 2013 = 178
July 2014 = 837
Aug 2013 = 8
Aug 2014 = 13,552



Commercial Passengers  
June 2013 = 3,078
June 2014 = 3,035
July 2013 = 3,731
July 2014 = 3,615
Aug 2013 = 3,689
Aug 2014 = 3,570



MI Works! Muskegon Employment Stats

Jobs Filled
May 2014 = 237
June 2014 = 453
July 2014 = 139
Aug 2014 = 180

 

 

Job Seekers (Unique Visitors)

July 2013 = 3,209
July 2014 = 2,350
Aug 2013 = 2,442
Aug 2014 = 2,365
 

 

 

Top Industries Advertised Online Demand 

Industry
Aug
2014
Aug
2013
Healthcare and Social Assistance148108
Manufacturing10354
Retail Trade10269
Educational Services6645


Top Muskegon Job Occupations Advertised Online (August 2014)
Occupation
Job Postings
Retail Salesperson43
Registered Nurse42
Nursing Assistant35
Production Worker31
Heavy & Tractor-Trailer Truck Driver28

 

Statistics provided by:
The Department of Energy, Labor, & Economic Growth; Local Municipalities, The Michigan Association of Realtors, the Muskegon County Airport, Muskegon Area First, the Muskegon Lakeshore Chamber of Commerce, Michigan Works! Muskegon/Oceana and the Michigan Small Business Development Center.
Check out the County's latest HOT JOBS!

Hot Jobs!

Muskegon Projects go Regional!

The Port of Muskegon and the Emerge Entrepreneur Initiative are two of the six projects being considered as projects of regional economic significance by the West Michigan Regional Prosperity Alliance (WMRPA). At the Governor's Economic Summit in March, 182 representatives from West Michigan gathered to establish a set of criteria for judging and selecting projects that the region could agree would be "projects of regional economic significance". The group accepted applications for 31 projects and the top six will present their proposals at an October meeting where attendees will be asked to vote to prioritize the top projects.   At the conclusion of the meeting, the WMRPA will have a prioritized list of projects to advocate for and financially support. 

Port of Muskegon
Image courtesy of Marge Beaver

The Port of Muskegon has seen a surge of recent activity in cargo ships and recreational boating.  During the summer of 2015, Muskegon will host the American Great Lakes Ports Association meeting. An even greater increase in port activity may be seen pending the Coast Guard's load line-exemption that is being proposed for Lake Michigan.  This would allow non-load line river barges to transit along the eastern shore of Lake Michigan between Chicago and Muskegon.
 


emerge

Emerge is an
entrepreneur collaborative
established under the leadership of the Muskegon Lakeshore Chamber of Commerce. It has grown to a regional support network for entrepreneurs covering 13 counties.
The new website, www.emergewm.com, is a portal for entrepreneurs to locate the resource partners who can assist them. There are currently more than 60 partner organizations making up the emerge network.
Educational Institutions Invest More Than $35 Million
 

Baker College of Muskegon and Muskegon Community College are making significant investments totaling more than $35 million. Baker College of Muskegon opened the new $8 million, 35,000 square-foot Health Science Center.  The new facility addresses the growth in enrollment in the health science programs. It nearly doubles their previous square footage, that hosted similar programs, and includes 20,000 square feet of dedicated laboratory space.  This new facility replicates the medial setting providing students a hands-on learning environment.

 

MCC Science Center
MCC Science Center Rendering
Muskegon Community College
is beginning a $28.6 million infrastructure investment
for a new science center, arts center, health and fitness center and downtown Muskegon campus. A $9.6 million, 19,192 square foot Science Center is the first of the four projects which broke ground in September.  Also underway is the purchase of the former Muskegon Chronicle building at 981 Third Street in Downtown Muskegon where the college is planning a $7.2 million urban campus to house its engineering technology, computer aided design, materials technology, electronics and alternative energy technology, machine technology and welding classes. 
PTAC Clients Awarded $105.9 Million in Government Contracts 
 

With the assistance of the Muskegon Area First PTAC (Procurement Technical Assistance Center), 928 government contracts were awarded to 28 companies for a total of $105.9 million during the 2013/14 fiscal year. According to a formula used by the Michigan Economic Development Corporation (MEDC), there were 503 new jobs created based on these contract awards. 


The PTAC, a division of Muskegon Area First, services a 12-county region providing free procurement advice and counseling to companies interested in doing business with local, state, and federal governments.  During 2013/14 they worked with 315 active firms and hosted 12 training sessions for local businesses looking to expand their contracts with local, state and federal governments. PTAC is also expanding their services and adding two staff members to service businesses in West Michigan.  Aligning with Governor's Snyder's Prosperity Initiative, the PTAC will add two counties to their service delivery area and drop one county to deliver contracting assistance to a total of 13 counties in Fiscal Year 2014-15.


This report it brought to you by: 
Muskegon Area First, Muskegon Lakeshore Chamber of Commerce and the Employer's Association of West Michigan

380 W. Western Avenue, Suite 202
Muskegon, MI 49440