State Economic Competitiveness Benchmarking Report 2019

Business Leaders for Michigan (BLM) is a nonprofit organization composed of the chairpersons and senior executives of some of Michigan’s largest job providers and universities. BLM is dedicated to making Michigan a “Top Ten” state for jobs and economic growth. BLM retained Anderson Economic Group to provide data and analysis for its annual Benchmarking report. This is the eighth year AEG has assisted with the report.

We collected and analyzed data on over 60 socioeconomic indicators for all 50 states in order to determine where Michigan stands in its progress toward BLM’s goal of being a “Top Ten” state. We then compared Michigan’s performance to that of 12 peer states, as well as a group of “Top Ten” states. Our analysis covered fundamental economic measures such as employment, income, and GDP, as well as labor and energy costs, tax climate, infrastructure, and secondary and higher education performance.

BLM used our analysis to update its Economic Competitiveness Tracker. The website presents the data using text and interactive graphics.

View the report on the BLM website.