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 […]
Talking with Lucy Ann Lance
Had an opportunity to talk everything Michigan Future with Lucy Ann Lance on her WLBY Business Insider radio show. We discussed mainly our new report on the Michigan economy, but also discussed our Detroit high school initiative. You can find a summary of the interview and a link to the entire interview here. It always […]
Michigan’s failure to move toward knowledge economy hurts incomes
The following press release was issued in conjunction with the Michigan Future annual update which took place on Oct. 17 at 3 p.m. at the Detroit Regional Chamber offices. Please contact David Waymire with questions, 517-290-3610. New report finds most prosperous states focus on high-education jobs, which hold key for Michigan’s economic rebound Michigan’s economy […]
Our Governors on higher education
MIRS reports that former Governor Granhom “at her first book signing since A Governor’s Story was released, was asked what she would have done if the budget had run a surplus for just one of her eight years in office. Granholm said she would have “at least saved the cuts from higher education” because they were […]
Wanted: A higher education system for a global economy
Our view of the purpose of higher education is taking a dangerous step in the wrong direction. As reflected in a recent Bridge article increasingly policy makers and opinion leaders are making the case that Michigan’s public universities should primarily be in the business of preparing students for a professional job in the student’s major […]
Scientific American on cities
Scientific American’s September issue is titled Cities: Better, Greener and Smarter. They conclude ” We have seen a brighter future, and it is urban.” The whole issue is terrific, worth picking up at the newsstand or you can check it out at. For this post I want to highlight three of their articles. The first […]