Posted inMidwestBusiness

The Upper Midwest Offers the Best States To Survive the Next Recession

MerchantMaverick.com, the business product comparison site for small business owners, determined that the top three states on the list are Nebraska, North Dakota, and Minnesota. No Upper Midwest state ranked lower than Michigan, at number 17.  While these states are different in many ways, they all share low unemployment, and governments with prudent tax and spending habits. Many even experienced positive GDP growth during the Great Recession, while other states had stagnant or shrinking GDP.

Posted inIndiana

Indianapolis Based Anthem, Inc Announces Rebranding to Elevance Health

INDIANAPOLIS–(BUSINESS WIRE)–Anthem, Inc. (NYSE: ANTM) today announced its intent to change its name to better reflect the company’s business and its bold purpose of improving the health of humanity. Anthem intends to become Elevance Health, Inc., subject to shareholder approval. The new name underscores the company’s commitment to elevating whole health and advancing health beyond healthcare.

Posted inOhio

Toledo Welcomes Midwest Entrepreneur Boomerangs

“You can’t go home again.” Immortalized by Thomas Wolfe’s novel of the same name, the saying evokes stories of young adults leaving behind the familiarity of their hometown to make their mark on the world. Sometimes the journey leads to large metropolises far and wide. For others, the path brings them back to where their story began. In the case of these early- and mid-career professionals, that place is Toledo, Ohio, a Midwestern port city located on the western shore of Lake Erie.

Posted inMidwestBusiness

Midwest CPI Continues Increase

Prices in the Midwest Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.8 percent in January, the U.S. Bureau of Labor Statistics reported today. Increases in the indexes for food at home, new and used motor vehicles, household furnishings and operations, and apparel were the largest contributors to the all items increase. The energy index rose 0.1 percent in January as increases in the indexes for electricity and gasoline more than offset a decline in the natural gas service index.

Posted inMinnesota

I-90 Becoming a High-Traffic M&A Highway Connecting Wisconsin and Minnesota

This time of year businesses experience snow closures to highway systems, however M&A deals melt ice as several Minnesota and Wisconsin sectors are seeing high-levels of investment, merger, and consolidation to start the new year. Technology and Health care expansion by location seem to be the hot buttons for M&A firms to pursue to provide a lucrative return-on-investment for their shareholders.

Posted inMidwestBusiness

Midwest Employers Struggle to Match Other U.S. Regional Companies Benefits Spend on Workers. 

In an effort to attract talent, companies based in the West and Northeast, U.S. outspend Midwest employers on labor benefits.  This is according to the Bureau of Labor Statistics (BLS) who reported that Midwest companies spend almost 20% less on employee benefits than their counterparts in the Northeast and Western, U.S.