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Published June 23rd, 2026, 07:41 pm

Consumer confidence just hit a record low — yet Michiganders filed more than 40,000 new business applications in the first months of 2026.

Small business consultant Mark Lee joins Robyn Vincent to explain the paradox: Are these new owners chasing a dream or getting pushed? How many will survive? And who's really behind the boom?

Have thoughts on this story or something else happening in your neighborhood? Email the show at metro@wdet.org

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Scared Money: Why Michiganders are starting businesses anyway

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