Great news was reported across the board at Oakland County’s 33rd Economic Outlook Luncheon on Thursday, April 26th. The luncheon, held at the Troy Marriott, was hosted by Chase Bank, Oakland Community College, and Oakland County Economic Development and Community Affairs. It featured keynote addresses from two University of Michigan Economists: Dr. Gabriel Ehrlich and Donald Grimes.
Before the luncheon, Oakland County Executive L. Brooks Patterson, Grimes, and Dr. Ehrlich spoke to the press and shared highlights from the report. According to the report, Oakland County has posted 119,100 job additions from 2010 – 2017. The county’s average growth pace of 2.6% per year outpaced both the nation’s and the state’s average rate of 1.8% over the same period. The continued recovery in Oakland County is consistent with the sustained expansion of the U.S. and Michigan economies. View a digital copy of the 2018 – 2020 Oakland County Economic Outlook Summary online. Continue reading
Last Thursday, Oakland County’s 2015-2017 economic forecast was reported at the 30th Annual Economic Outlook Luncheon at the Troy Marriott. Over 620 people attended the sold out event to hear University of Michigan economists, Dr. George Fulton and Donald Grimes, share Oakland County’s three-year economic forecast. Dan Hunter, Deputy Director of Oakland County Economic Development & Community Affairs explained, “The economic luncheon is really helpful for policy makers, companies and investors to help see where the economy is going.”
Prior to the luncheon, Oakland County Executive L. Brooks Patterson held a press conference with Fulton and Grimes, who have prepared the county’s economic forecast for the last thirty years. During the press conference, Fulton and Grimes shared the fantastic news that wages in Oakland County are up, unemployment is falling and jobs are being created. Patterson was ecstatic about the report and said,
“The numbers in the outlook are spectacular. We’re getting to places we only dreamed about. When you get below 5% unemployment, you’ve reached full employment. That day is not that far off. According to this report and according to our growth studies, we’re going to hit that number squarely this year and probably drop below 5 to 4.9% or 4.8%. It’s just incredible growth in the right sectors.”
For video of the press conference, click here.
We’re pleased to announce that Oakland County Government has been nominated for 9 Government Social Media Golden Post Awards!
We’ve been working hard to promote events and to engage with Oakland County citizens through social media. We want to say thank you for connecting with us and ask for your help to vote for all of the Oakland County entries to make it to the “Finalist Round” by March 6th.
You may only vote once for each of the nine categories by Friday, March 6th.
Here are the instructions for public voting:
1. Click on Link to Vote below
2. Find the Oakland County entry
3. Click on the “Thumbs Up” icon
4. The Thumb will turn blue and will say “Thanks for voting!”
First time voters, please follow the directions in the pop-up window to sign up for List.ly – choose to login with either your: Facebook, Twitter, LinkedIn, or Gmail account and then grant List.ly access to your account. PLEASE NOTE: This app does NOT post to the voter’s Social Media account automatically. Continue reading
Oakland County Executive, L. Brooks Patterson, presented his 2015 State of the County Address to a crowd of over 500 guests last Wednesday evening in Pontiac. The mood was one of excitement and anticipation as the room waited for the County Executive to take the stage and to find out who the winner of the Elite 40 Under 40 Class of 2015 would be.
Melody Arabo was announced as the winner of the Elite 40 Under 40 Class of 2015 and took the stage. Arabo spoke to the guests about her passion for Oakland County and about what an honor it is to live and work in the community. Melody proudly announced L. Brooks Patterson who took the stage full of energy and excitement. Continue reading