Michigan Economy

Six states accounted for most of the foreclosure activity in the country in February. These six states totaled 61% of all foreclosure activity, according to a foreclosure tracking report.

The state that relies the most on the professional and technical services industry contributed 1.9% of the professional and technical services industry's economic output in the United States.

Michigan Economy News

The Michigan economy had a negative growth of 1.5% for the year.
The top state contributes 11.1% of the manufacturing industry's economic output in the United States.
The top state contributed 15.9% of the professional and technical services industry's economic output in the United States.
The top state contributed 11.3% of the healthcare industry's economic output in the United States.

Michigan Governor Jennifer M. Granholm announced last month the state's approval of a 15-year, Renaissance Zone in Breitung Township in Michigan's central Upper Peninsula.

Recent Michigan Economy News

There are 17 states in which the manufacturing industry is the biggest contributor to the state's economic output.
Some of the smallest states and some of the largest states in the United States posted negative real GDP growth rates
Ford plans to invest an additional $450 million in electrification initiatives in Michigan