Tapping Wages for Training

 Inside Higher Ed,

Michigan has a good news story to tell, economist Patrick Anderson tells West Shore Bank symposium

Shore Line Media,

Music: A billion-dollar industry for Detroit


How Big is “The Music Business” in the Detroit Area?


Automotive Industry Analysis and Presentation: State of Illinois Financial Forecast Forum

The Illinois City/County Management Association, Illinois Government Finance Officers Association and the Northern Illinois University Center for Governmental Studies Civic Leadership Academy holds an annual financial forecast forum for municipal leaders and financial officers from throughout the state. The day long forum for 2009 attracted more than 50 attendees, and feature speakers from the federal reserve, the banking, retail, and real estate sectors, as well as a presentation on the automotive industry by AEG’s Scott Watkins.

Our presentation addressed: the global nature of the automotive industry and overall economic slowdown; what the automotive industry in the State of Illinois region looks like and how it has changed in recent years; how the industry slowdown might impact automotive operations in the state; the current and forthcoming issues that will further challenge the automotive industry and regional economies that strongly depend on automotive industry employment; and the need to automotive dealership contraction and how that will impact communities throughout the country.

The presentation was delivered to the over 50 attendees of the forum at Northern Illinois State University’s Naperville, Illinois campus. After the presentation AEG consultant Caroline Sallee joined Scott Watkins to address questions from the audience.

Federal stimulus package contains benefits for retail

Michigan Retailer

Healthcare and Life Science Industry Assessment: Oakland County, Michigan

Oakland County, Michigan, was experiencing significant new developments by healthcare and life science companies, and retained Anderson Economic Group to assess the strength of its healthcare and life science industry, and to help determine if promoting the industry through an economic development strategy would be a worthwhile effort.

To complete this assessment, we started by defining the healthcare and life science industry. The definition was composed of NAICS codes, which were assembled into eight unique industry subsectors focusing manufacturing, research, and provision of care sectors. We then analyzed employment, establishments, and payroll data for each sector, and benchmarked Oakland County with other leading counties in Michigan. We also assessed workforce and education information, including occupational patterns, educational attainment, and university programs and degrees in healthcare and life science disciplines.

After assessing the current state of the industry and workforce, we next identified current investments and projects by healthcare and life science industry stakeholders. We then conducted a more detailed analysis of selected projects, including new training programs at a regional hospital, the economic impact of building and operating a proton beam cancer-treatment facility, and the economic impact of a new medical school at Oakland University.

We concluded our analysis by projecting industry employment levels from 2006 to 2018. Our employment projection model included a trend scenario, which assumed no initiative to expand the industry beyond natural demand levels, and a potential scenario, which assumed a county-directed initiative to promote the county and leverage its healthcare and life science assets.

The findings of our analysis were included in a 75-page report, complete with detailed data tables, employment projections, and methodological notes. The findings were also presented at a September 24, 2008 press conference in Oakland County, during which our CEO Patrick L. Anderson and Oakland County Executive L. Brooks Patterson presented the findings to the media and industry stakeholders. These findings have also been used by the county to create an industry recruitment taskforce and strategy.

Sharp Declines for U.S. Auto Sales in January


Rx For Michigan: Primetime Special with Patrick L. Anderson

“Rx for Michigan

Is Healthcare the Prescription for What Ails Michigan’s Economy?


Primetime Special Airs Saturday, February 7 at 9pm

With Patrick L. Anderson


Lost your job?  Are you wondering where you will find good-paying jobs now and down the road?  These are questions more and more people in Michigan are facing every day, but the answers may surprise them and provide some solutions as well.  

“Rx for Michigan,” the latest installment in WWJ-TV’s breakthrough “Eye on the Future” series, will air during prime time on Saturday, Feb. 7 at 9 pm and features exclusive interviews with major leaders and decision-makers including Patrick L. Anderson of Anderson Economic Group. The program also includes industry insiders telling viewers how these new lifelines can help them and their families as well as offering behind-the-scenes looks at healthcare facilities in action. 

Healthcare is the largest creator of jobs in the state.  Its impact will grow as more leaders look to life sciences, medical device manufacturing, medical care, biotech, and medical tourism to lead Michigan out of its economic pain.

“Rx for Michigan” is hosted by Carol Cain, WWJ-TV editorial director, who traveled the state with chief videographer Paul Pytlowany to give viewers a front row seat on how their personal health and collective economic health are joined.

CONTACT: Tyler Marie Theile, Anderson Economic Group, 517.333.6984

For a partial list of guests, please see below:

Gov. Jennifer Granholm
Robert Ficano — Wayne County Executive
L. Brooks Patterson – Oakland County Executive
Patrick Anderson – Anderson Economic Group
Rich DeVos
Richard Blouse – Detroit Regional Chamber
Doug Rothwell – Renaissance Detroit
Edith Killins – Director, Wayne County Health & Human Services
David Van Andel – Van Andel Institute
Peter Karmanos — Compuware
A. Alfred Taubman 
Dr. Frank Sottile – Crittenton Hospital Medical Center
Dr. Eva Feldman – University of Michigan Health System
Lou Anna K. Simon – Michigan State University
Mary Sue Coleman – University of Michigan
Ambassador Pete Secchia
Brian Peters – Michigan Health & Hospital Assn
R.C. Ryder — Terumo
Dr. Robert Kelch – UM Health System
Jim Dehem- Community Living Services
Stephen Rapundalo — MichBio
Al Hoffmann- Delphi Medical 
Ken Matzick – Beaumont
Nancy Schlichting – Henry Ford Health System
Phillip Incarnati – McLaren
Carlos Guiterrez – (former) U.S. Commerce Secretary

Taxpayer Cost of Federal Financing of Auto Manufacturers Compared with Likely Costs of Bankruptcies in Industry