Revenues Down = Weaker Economy

The impact of Michigan’s job losses and population and per capital income decline is a weaker economy. Michigan’s economy (GDP) grew 2% less than the average Top Ten state over the past decade and less than nearly all peer states. This is the primary factor behind stagnant wages and job losses.

Michigan’s combined ranking on per capita GDP growth, per capita personal income level and employment growth is last among states over the past ten years.

This has placed Michigan is far behind its U.S. and global economic competitors.