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Michigans Economy Shows Major Improvments

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Well, here’s some good news!!!

Michigan had the 6th fastest-growing gross domestic product in the nation last year! Yes!

The state’s GDP rose 2.3 percent last year after growing by 4.9 percent in 2010 – so things are on the upswing for a change around here – the nation’s overall GDP growth was at 1.5 percent, so we are above the average!  We still have a long way to go, but this is some very good news for a change!

 

About half of Michigan’s growth last year came from durable-goods manufacturing, which of course has a lot to do with the Auto Industry coming back so fast!

Are you feeling better about things? I know I am!

Check out more HERE.

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