In today’s economy, the reality is talent attracts capital and quality of place attracts talent. Where young talent goes, high-growth, high-wage, knowledge-based enterprises follow, expand, and are created. Because talent is the asset that matters most to high-wage employers and…
Minnesota is a high tax state. Has been for decades. Minnesota is the Great Lakes States best in economic well being and demographic outcomes. Has been for decades. Michigan is not a high tax state. Its taxes per capita far…
For nearly two decades we have urged Michigan economic policy makers to use Minnesota as a model. Because Minnesota across the board has the Great Lakes best economic outcomes. From low unemployment to high labor force participation to better than…
Last month Oracle announced they are bringing 8,500 jobs at an average salary of $110,000 to central city Nashville. The company will invest $1.2 billion to build out its new campus, including $175 million for public infrastructure. The city, in…
K-shaped economy is how many describe our economy since the pandemic. And most expect the recovery to be K-shaped as well. The reality is that the Michigan economy was K-shaped pre-pandemic. With those at the top doing well, but far…
Northern Virginia quite literally won economically in the 21st Century when Amazon chose them as the location for one of two HQ2s. Winning what was described by pundits as the Super Bowl of economic development competitions. HQ2 brings to Northern…
Today we're pleased to feature a guest post from Ned Staebler, the Vice President for Economic Development at Wayne State University and the President and CEO of TechTown, Detroit’s most established business incubator and accelerator. I’ve been an economic developer…
Let's start the new year with the big picture. An overview of the structural economic challenges Michigan faces if we are to have an economy that as it grows benefits all. Redefining economic success. First is understanding that even though…
We finish our new report, “A path to good-paying careers for all Michiganders: Creating places across Michigan where people want to live and work,” and this blog series, with a deep dive into transportation. Transportation is at the epicenter of…
As the tragedy of Flint reminded us all, up to date infrastructure is an essential ingredient to livable communities. Transportation, water, energy and digital communications systems need to be world class for Michigan communities to compete for talent. Our new…