Young Talent in the Great Lakes: How Michigan Is Faring?
This report is part of the Michigan Future, Inc. New Agenda for a New Michigan project. Its focus is on identifying a path to better position Michigan to succeed in the flattening world economy of the future, a path that will return Michigan to high prosperity, measured by per capita income consistently above the national […]
Worth reading
While I have been using this post to explore the findings in our new report, I have stockpiled lots of articles that I wanted to write about. Rather than wait until I get to them here is a list of recent articles that I think are worth checking out. • Probably the most important education […]
How residents of metro Lansing earn their income
We conclude our look at the components of income data from our new annual report with how residents of metro Lansing earn their income. We use the broadest definition of the region which includes four counties: Clinton, Eaton, Ingham and Shiawasee. Per capita income for metro Lansing in 2009 was $33,273. By major components it […]
How residents of metro Grand Rapids earn their income
We continue our look at the components of income data from our new annual report with how residents of metro Grand Rapids earn their income. We use the broadest definition of the region which includes seven counties: Allegan, Barry, Ionia, Kent, Muskegon, Newaygo and Ottawa. Per capita income for metro Grand Rapids in 2009 was […]
How residents of Metro Detroit earn their income
We continue our look at the components of income data from our new annual report with how metro Detroiters earn their income. We use the broadest definition of the region which includes nine counties: Genesee, Lapeer, Livingston, Macomb, Monroe, Oakland, St.Clair, Washtenaw and Wayne Per capita income for metro Detroit in 2009 was $37,083. By […]
How Michiganians earn their income
We continue our look at the components of income data from our new annual report with how Michiganians earn their income. Per capita income for the state in 2009 was $34,315. By major components it was: Private sector employment earnings $19,785 Government employment earnings $4,060 Dividends, Interest, Rent $5,499 Transfer payments $7,737 We also […]
Schools and cities driving economic growth
In a recent New York Times column Harvard’s Edward Glaeser wrote: “In the long run, America will be richer than China only by having smarter citizens, and that requires the skills that come from schools and cities, not dispersed factories.” Rick Haglund in an insightful Mlive column reviewing Governor Granholm’s new book makes the same […]
How Americans earn their income
To me the most interesting part of our new annual report is the deconstruction of personal income. Looking at the components that make up per capita income. In previous reports we have focused almost exclusively on jobs and income that comes from employment—both public and private. The data is clear: we are in an era of […]