The Detroit Region’s Economic Momentum Continues, but Some Equity Gaps Persist
Key Takeaways Gross domestic product (GDP) in the Detroit Region has reached a peak in 2022 from the past five years, outpacing national growth rates. Employment, educational attainment, and income are trending in a positive direction. Leaks persist in the Region’s...
Lt. Governor Gilchrist II Leads Economic Mission to Europe to Showcase Michigan as a Global Leader in Defense and Aerospace Innovation
Originally published by the Executive Office of the Governor LANSING, Mich. — Today, Lt. Governor Garlin Gilchrist II kicks off a five-day investment mission in Europe, with a focus on capitalizing on Michigan’s leadership in the defense and aerospace sector. As part...
Michigan Earned a Spot on CNBC’s Top 10 States for Business 2024
Originally published by CNBC To rank America’s Top States for Business in 2024, CNBC scored all 50 states on 128 metrics in 10 broad categories of competitiveness. Each category is weighted based on how frequently states use them as a selling point in economic...Detroit Sees First Population Growth Since 1957; Smaller Cities See Bigger Increases
Originally published by The Detroit News May 16, 2024 Hayley Harding For the first time in 66 years, Detroit grew in population, according to new Census Bureau estimates for 2023 that Mayor Mike Duggan hailed as “a day of celebration” for Michigan’s largest city....PART OF 