Category Archives : Michigan Economy

Ideas to Transform the Michigan Economy


We are now a poor state continued

As we explored in our last post Michigan is now structurally a lower tier state in per capita income. And in the bottom ten in per capita income without transfer payments.  We believe per capita income is a best measure of economic well being. It is the most comprehensive and reliable estimate of income of […]


mfi-blog-chart

We are now a poor state 4

The reality is, whether we are willing to admit it or not, Michigan is now one of the country’s poorest states. That is the unambiguous message of the table below. It shows Michigan’s rank among the 50 states plus D.C. The left hand column is per capita income, the right per capita income minus government […]


Not so rewarding technical training 2

Increasingly the story we are being told about the economy is that there are too many people with four-year degrees and not enough with training for mid-skill jobs. Needing something like an associates degree with an occupational major or occupational certificate. And increasingly we are also being told that getting a four-year degree in a […]


Michigan in the bottom ten 4

No matter who wins next week’s elections for Governor and the state legislature those elected will be taking over a state economy that is a national laggard. The best evidence of that reality comes from the recent release by the U.S. Bureau of Economic Analysis of 2013 state per capita income data. They report that […]


New York City thriving 2

For nearly all of my getting close to forty year career I have heard about the imminent collapse of New York City. Those predictions were largely based on the twin beliefs that cities were part of the past (no longer competitive with the suburbs for middle class and affluent households) and low cost/small government places […]


Talent attraction in Oklahoma City

As we explored in our last post young professionals are concentrating in record numbers in vibrant central cities. Across the country––in red and blue states––state, regional, and city leaders understanding that where talent concentrates economic growth will follow, have made public investments in creating the kind of places that retain and attract recent college graduates […]


Economic well being by education attainment

The evidence continues to pour in that those with a four-year degree or more have the highest incomes and wages. Not that a four-year degree guarantees you either a job or high wages and income, but that it is for, all but the top entertainers, athletes and entrepreneurs, the most reliable path to the middle […]


Lets hope this isn’t “back”: kids

Michigan is not a state that attracts many young adults to live and work here. Its a problem we need to address. But unless and until we do, the future prosperity of the state is very dependent on the kids who grow up here. So how well children growing up in Michigan are faring is […]


Lets hope this isn’t “back”: wages

We ended our previous post on whether Michigan is back with the conclusion that the fundamental challenge Michigan is facing is too few good paying jobs. As the ALICE report authors put it we need: ” … a significant increase in the wages of current jobs or in the number of medium-and high skilled jobs in […]