Whee!
Michigan sole state that did not grow
Michigan’s sluggish economy over the last several years has resulted in a “one-state recession,” the according to a report by Comerica Bank Chief Economist Dana Johnson.
Eight sectors showed cumulative declines in real terms over the past three years. The hardest hit industries were manufacturing, construction and government, which accounted for a combined 80% of the overall decline in growth.
4% GDP difference between our state and the rest of the nation. Hooray!
Heh, I mentioned to a prof last semester how first thing I was doing after college was getting the hell out, and he told me that was a great idea.
Of course, this is all stuff we already knew, but uh, it’s nice to see it again?