©2016 Michigan Economic Development Corporation

Business

News-Business
  • By the numbers
    • 1ranking in states facing 21st century challenges (1)
    • 6ranking for most private job creation (2)
    • 4.5% unemployment rate (same as national rate) [3]
    • 400,000+ private-sector jobs been added since December 2010 (4)
    • 1ranking with nearly 140,000 new manufacturing jobs since 2009 (5)
    • 50million dollars in college skilled-trades equipment fund—the largest investment by any state (6)
    • 8.4billion dollars invested by global companies since 2010 (7)
    • 35,000 new jobs created from global companies’ investment (8)
    • 12billion dollars invested in properties in Detroit since 2006 (9)
    • 33.7% of U.S./Canadian trade handled through Michigan (10)
    • Source: (1) American Economic Development Institute, July 2014. (2) Bureau of Labor Statistics, Current Employment Statistics, seasonally adjusted employment (Dec 2010–Jun 2015 prelim. estimates). (3) Ibid. (4) Ibid. (5) CAR, employment statistics, BLS, August 2015. (6) Michigan Economic Development Corporation, 2015. (7) FDImarkets.com, May 2015. (8) Ibid. (9) Detroit Regional Chamber. (10) U.S. Department of Transportation, Bureau of Transportation Statistics.