Michigan's per capita income in 2022 was 13 percent below the national average, the lowest compared to the nation ever. The state ranked 39th. (For those who prefer median household income as a measure of economic well being, Michigan ranks…
Terrific op ed in Crain's Detroit Business by Glenn Stevens Jr., executive director of MICHauto and Britany Affolter-Caine, executive director of Michigan’s University Research Corridor. They write: The most successful strategy to ensure Michigan's long-term competitiveness and economic prosperity is…
In an Business Insider interview Ohio Governor Johh Kasich did something almost no politician does today. He clearly states that we can't go back to a factory-driven economy. Business Insiders writes: But the notion that states such as Ohio are…
Seems like a lot of what I write about these days is trying to set the record straight on the value of a four year degree. To counter what increasingly passes for conventional wisdom that if you don't have a…
Lets take a look at the details of California's economic resurgence since the election of Governor Jerry Brown and adoption of a significant tax increase. (Using data compiled by Don Grimes covering the period from June 2011 to June 2014.…
Good news! General Motors is expanding its manufacturing presence in metro Lansing. As the Lansing State Journal reports: "General Motors Co. will bring more jobs to Lansing with plans to build a $162 million stamping plant here, the latest investment the…
Micheline Maynard wrote an insightful article for Atlantic Cities entitled The Midwest's Big Economic Miscalculation. She writes particularly about Michigan's continuing belief that the auto industry will once again be the engine of economic good times as it was for most…
Everyone is expecting a big Republican sweep here and across the country. More than likely a lot will change. And have real impact on people's lives. But what won't is the basic trends in the economy. Neither Ds nor Rs…
Many in Michigan seem to believe that the decline of the domestic auto industry and more generally the loss of so many high-wage factory jobs, means that the state will never again be prosperous. We disagree! The best evidence of…
Business Week chose Duke's Vivek Wadhwa to respond to Andy Grove's commentary on the need to retain manufacturing jobs. Wadhwa's response is quite consistent with the basic Michigan Future view of the economy. That the kind of factory jobs that…