| Michigan |
 |
|
| Labor
Market |
May 08 |
Mar 09 |
Apr 09 |
May 09 |
Monthly
%Change |
Annual
%Change |
| Unemployment
Rate (%) |
8.2 |
12.6 |
12.9 |
14.1 |
-- |
-- |
|
Nonfarm Employment (1,000) |
4,180.4 |
3,939.2 |
3,901.5 |
3,877.6 |
-0.6 |
-7.2 |
| Mfg.
Employment (1,000) |
576.0 |
492.1 |
471.1 |
455.2 |
-3.4 |
-21.0 |
| Mfg.
Avg. Hourly Earnings ($) |
21.83 |
21.93 |
21.58 |
20.93 |
-3.0 |
-4.1 |
| Economic
Activity |
May 08 |
Mar 09 |
Apr 09 |
May 09 |
Monthly
%Change |
Annual
%Change |
| Housing
Permits |
1,321 |
356 |
568 |
707 |
-- |
-46.5 |
| Per-Capita
Income ($) |
1998
26,919
|
2005
32,229
|
2006
32,985
|
2007
34,423
|
2008
35,299
|
-- |
| Med.
Household Income ($) |
2003-05
48,642 |
2004-06
48,399 |
2005-07
49,394 |
-- |
-- |
-- |
| Gross
Domestic Product (millions$) |
2004
363,076
|
2005
372,009
|
2006
375,143
|
2007
379,934 |
2008
382,544
|
-- |
| Total
Exports (1,000$) |
2004
35,949,357
|
2005
37,848,627
|
2006
40,499,792
|
2007
44,555,349
|
2008
44,871,354
|
0.7 |
| Government
Spending |
Fiscal
03 |
Fiscal
04 |
Fiscal
05 |
Fiscal
06 |
Fiscal
07 |
-- |
| Fed.
Spending (millions$) |
57,870 |
60,488 |
64,787 |
67,352 |
71,652 |
-- |
| Per-Capita
Spending ($) |
5,741 |
5,981 |
6,410 |
6,667 |
7,114 |
-- |
| Total
Tax Burden (millions$) |
57,379 |
60,866 |
66,326 |
NA |
NA |
-- |
| Per-Capita
Tax Burden ($) |
5,692 |
6,019 |
6,562 |
NA |
NA |
-- |
| Return
on Fed. Tax Dollar ($) |
0.89 |
0.88 |
0.94 |
NA |
NA |
-- |
| Demographics |
1980 |
1998 |
2007 |
2008 |
Annual
%Change |
Decade
%Change |
| Population
(1,000) |
9,262 |
9,820 |
10,050 |
10,003 |
-0.5 |
1.9 |
| Poverty
Rate (%) |
2003-05
12.2 |
2004-06
12.9 |
2005-07
12.0 |
-- |
-- |
-- |
|
Educational
Attainment
Census 2000 (%) |
High
School |
Bachelor
Degree |
-- |
-- |
-- |
-- |
| 83.4 |
21.8 |
-- |
-- |
-- |
-- |
| Age
Groups |
0-17 |
18-24 |
25-64 |
65+ |
-- |
-- |
| Age
Distributions (total, 2007) |
2,478,356 |
982,823 |
5,373,600 |
1,260,864 |
-- |
-- |
| Age
Distributions (%, 2007) |
24.55 |
9.74 |
53.23 |
12.49 |
-- |
-- |
| |
NA=Not yet available.
U.S.
Census Bureau State Profile of Michigan
Bureau
of Economic Analysis Data on Michigan
Michigan Manufacturing
Profile
Michigan Economic/Labor/Environment
Web Sites
Economic
Data
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