The Small Business Briefing – August 18, 2025

Join Brian Calley and Sarah Miller from the Small Business Association of Michigan for insight on Michigan’s economic outlook. Brian and Sarah discuss recent unemployment trends, labor force participation, and the impact of national economic indicators on local businesses. They analyze the reasons behind steady unemployment rates, compare Michigan’s performance to national averages, and explore the implications of inflation data and potential interest rate changes. The session concludes with announcements about upcoming events and a gubernatorial candidate series for members.

Covered Topics:

• Michigan unemployment trends and analysis
• Comparison of Michigan and national unemployment rates
• Labor force participation rates and implications
• Stock market performance and investor sentiment
• Inflation data (CPI, PPI) and Federal Reserve interest rate outlook
• Upcoming member events and gubernatorial candidate series