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This Small Business Briefing covers the latest Michigan Future Business Index survey results, highlighting record lows in small business sales and capital investment, rising healthcare costs, and a disappointing jobs report with widespread job losses across multiple industries. Brian and Sarah also discuss the impact of a new 24% wholesale tax on Michigan’s marijuana industry, recent claims losses at Blue Cross Blue Shield of Michigan, and the effects of rising oil prices on the economy.
The session wraps up with key employment and inflation data, offering a comprehensive look at the current challenges facing Michigan’s small business community.
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