Detroit Economic Club: Escanaba Gets a Mention by MEDC as a Positive Economic "Buzz"

The economy of Michigan has a few challenges but is positioning itself well to attract outside interest and investments. I'm not going into all of the details because I found out the nations trade deficit declined and something about a GDP boost so I got distracted. These things are also important from a macro perspective because they relate. The health of states, cities and nations have a type of relationship to each other.

The Fish Wish Fountain
Escanaba

Staying on top of the economic and business news helps in understanding our the domestic and international markets. If you don't know anything about the Detroit Economic Club it is a leading sources of economic discussion and debate. Very relevant topics that impact Michigan. Its a good source of knowledge and understanding of emerging economic concerns and trends.  Detroit Economic Club

24:33 in the video they mention Escanaba as a young persons place to be! Buzzy is the term. Lots of positive changes have happened over the past few years. 

You really should come visit. I live there and let me say its awesome! The marina, park, recreation, events, and entrepreneurship opportunities are amazing.

 (Sail your boat up and you can find entertainment at the House of Ludington about a block away from the Marina. Throw a penny in the fountain across the street. When I was like 7 years old we used to put fish we caught from the harbor in the the fountain as an offering, grab a few wishes and go get ice-cream at Gust Asp on mainstream. That economy made sense to me at 7 years old. 

One has to work like a fisherman/woman, take their catch and give it to the community fountain, and then carries a few coins over to the store. Our profit was ice cream! We didn't do anything but have fun! Please, the mind of a 7 year old is still pretty innocent.

Here is an article on velocity of money and economic expansion. We were helping circulate it widely with greater need for laundry soap, upset parents who don't know where we are, etc. Don't worry, when I was 16 or 17 I once dumped a whole bag of coins from my car in there. At 50 I still will throw a few in when I'm around. Its a cycle of life thing! 

I still see kids fishing. I just wonder if they figured out the local kid economy yet. The coins are there and Gust Asp is still there. Mowing lawns made more money. Fishermen don't get paid well. I upgraded my skills!)