h�ėio�8�� h�b```�5��� ��ea��hK�a�eҲ�5�҂����Yu ���&;ynPI�31�`�h`�`�`h`�`AW�L����0��E^��3�3�E�0�10�3�0�bR������I�X��0_��H������?A&006 )%���`.�@� Z '� 0 With the “v-shaped” economic recovery taking shape nationwide, Michigan has begun to bounce back from the artificial COVID-19 downturn sooner than … Are you sure you want to remove this series from the graph? �L���-A��s ���5�m~ DNy"YU�*����L@74�mg`b�&�G Zt� ALFRED Vintage Series https://fred.stlouisfed.org/series/MINGSP, h�bbd```b``���@$�-�C�$ɨ �Z &�HW�l In Michigan the index stood at 52.5 and around the country was 60.3, down slightly from 60.8 at the end of the first quarter.
Michigan GDP was at its highest in 2005 when it reached $431.383 bn. 241 0 obj <> endobj This can not be undone. Federal Reserve Bank of St. Louis; Total Gross Domestic Product for Michigan [MINGSP], That is, the growth in Michigan’s gross state product will be the lowest it has been in five years.
At the same time, they anticipate Michigan economic growth, measured as state-level gross domestic product (gross state product), to trail the nation at 2.3% growth in 2020. ��@�w��$ݬ��v��n�r�������B��)�rsEo�넎ge�g���,R���0Z���tg�E���Eo�۷���l 4 Household Unemployment and EmploymentPage 2
294 0 obj <>stream • The manufacturing sector accounted for the largest share of 2018 Michigan real GDP growth (53.3%). From a low point of $363.146 bn in 2009, Michigan GDP has grown by $67.462 bn (18.58%). endstream endobj 242 0 obj <>/Metadata 32 0 R/Pages 239 0 R/StructTreeRoot 42 0 R/Type/Catalog/ViewerPreferences 263 0 R>> endobj 243 0 obj <>/MediaBox[0 0 612 792]/Parent 239 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 244 0 obj <>stream Graph and download economic data for Total Gross Domestic Product for Michigan (MINGSP) from 1997 to 2019 about MI, GSP, GDP, and USA. Data extracted on: July 17, 2020 Source: U.S. Bureau of Labor Statistics Note: More data series, including additional geographic areas, are available through the "Databases & Tables" tab at the top of this page. ���(z���BiK�b#BI>�74Z��������"�J��������f�pή駼X��*�������˄�b��Z���C�Y�J�zw��t^��8=���tq_H:I�f'�z���tz�g��Y��h`� H �|�x���t�l>%7�*�>O�o}�]�\1F��x������яI U.S. Bureau of Economic Analysis,
retrieved from FRED, While the manufacturing sector comprised the largest share of 2018 U.S. real GDP growth, its share (17.2%) was substantially smaller than for Michigan.
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