Michigan

Scott D. Watkins and Patrick Anderson
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Scott D. Watkins: Anderson Economic Group, LLC

A chapter in The State Economic Handbook 2010, 2009, pp 110-114 from Palgrave Macmillan

Abstract: Abstract Michigan, located in the East North Central region of the United States, has a population of 10.1 million people, making it the eighth most populous state in 2007. The state’s population increased by 133,378 people from 2000 to 2007, and is projected to increase to 10.7 million by 2025. This 0.3% projected annual growth rate compares to the projected national average of 0.8%. From 2006 to 2007 the state’s population declined by 0.2%. Per capita personal income in Michigan was $34,342 in 2007, up from $33,784 in 2006. For 2007, this was eighteenth lowest in the country and $4,222 below the national average. From 2000 to 2007 the per capita income in Michigan grew at a compound annual rate of 2.2%, compared to 3.7% nationally.

Keywords: National Average; Capita Income; Agency Agency; Business Finance; National Governor (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-10212-5_23

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DOI: 10.1057/9780230102125_23

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