By Justin Dawes of the Grand Rapids Business Journal
November 16, 2018
To be a “top ten” state, Michigan needs 36,000 more residents working, $10,000 more income per person and $12,500 more GDP per person.
That’s according to the 2018 Economic Competitiveness Benchmarking Report released by Business Leaders for Michigan, a business roundtable that includes top leadership responsible for driving nearly one-third of the state’s economy.
The annual report used multiple indicators to measure statewide and regional performance.
While the state has been faring well compared to other states in economic growth, that growth is slowing, and there’s still a long way to go in many areas, according to Doug Rothwell, BLM president and CEO.