Economics

GVSU economics expert: West Michigan is back to positive numbers, for now

After four months of a gut-wrenching decline, the West Michigan industrial economy has returned to positive territory, for now, said Brian G. Long, director of Supply Management Research in Grand Valley State University's Seidman College of Business.

Aug 6, 2020


GVSU expert: Local housing market will go from bad to worse, but bounce back could be quicker than rest of the country

The local housing marketing was heating up in January and February before the COVID-19 pandemic brought everything to a halt, said Paul Isely, associate dean and professor of economics in the Seidman College of Business.

Apr 22, 2020


GVSU economist says recession caused by COVID-19 will be a little bigger than 2008-09 recession

It will be June before there is any broad-based restart of any economic activity, said Paul Isely, associate dean and professor of economics in the Seidman College of Business at Grand Valley State University.

Apr 3, 2020



Local economy will experience shallow recession as result of COVID-19, says GVSU expert 

There is now enough data and information on the impact of COVID-19 (coronavirus)to understand and better define where the local economy is headed, said Paul Isely, associate dean and professor of economics in the Seidman College of Business.

Mar 16, 2020


Current 'psychology buying' of toilet paper, sanitizers, because of COVID-19 won't deplete supplies, GVSU expert says

As additional cases of COVID-19 (coronavirus) are confirmed in Michigan, consumers are having a hard time finding certain products, particularly toilet paper and hand sanitizer.

Mar 13, 2020


GVSU expert discusses the impact of the trading halt on Wall Street and what it means for the economy

Paul Isely said the dramatic fall in Monday's trading can be attributed to the appearance that the coronavirus is spreading across the U.S. and Europe, and the massive drop in oil prices because of a battle between Saudi Arabia and Russia as to how to cut back production enough to keep prices higher.

Mar 9, 2020


Local economy will continue to slow, business leaders worried about presidential election, says economics professor

In 2020, the West Michigan economy will see flat employment growth, weakening sales growth and strengthening export growth, according to Paul Isely, professor of economics and associate dean in the Seidman College of Business.

Jan 23, 2020