Explaining Michigan’s economic well-being decline
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
October 17, 2023
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
2017 per capita income data for states has been published. What the data make clear for Michigan is that we are now structurally a low-prosperity
Don Grimes and I are wrapping work on our annual progress report on Michigan’s transition to a knowledge-based economy. Look for it in mid September.
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