GDP, 2025$733.9B#14 of 51 · 2.4% of US
Real GDP growth, 2025+2.2%#20 of 51 · US +2.3%
Income per person, 2025$67,245#39 of 51 · US $77,028
Unemployment, September 20265.0%#47 of 51 · #1 = lowest
Current dollarsReal, 2017 dollars
BEA, GDP by state (SAGDP1). 2025 is the latest annual estimate.
Industries, 2025
Value added by industry and its share of the state economy; rank among 51 by share.
| Industry | Value added | Share | vs US share | Rank | ||
|---|---|---|---|---|---|---|
| Real estate | $100.6B | 13.7% | 0.0 pp | 23 | ||
| Government | $73.5B | 10.0% | −1.1 pp | 32 | ||
| Manufacturing | $113.2B | 15.4% | +5.9 pp | 6 | ||
| Finance & insurance | $42.4B | 5.8% | −2.9 pp | 36 | ||
| Professional services | $58.0B | 7.9% | −0.1 pp | 15 | ||
| Health care | $61.8B | 8.4% | +0.9 pp | 23 | ||
| Wholesale trade | $55.6B | 7.6% | +1.3 pp | 9 | ||
| Retail trade | $49.2B | 6.7% | +0.8 pp | 17 | ||
| Information | $20.3B | 2.8% | −3.0 pp | 30 | ||
| Construction | $30.6B | 4.2% | −0.2 pp | 33 | ||
| Transportation & warehousing | $21.2B | 2.9% | −0.4 pp | 32 | ||
| Accommodation & food | $21.3B | 2.9% | −0.2 pp | 34 | ||
| Administrative & waste services | $22.0B | 3.0% | 0.0 pp | 20 | ||
| Other services | $17.4B | 2.4% | +0.3 pp | 6 | ||
| Management of companies | $13.4B | 1.8% | 0.0 pp | 20 | ||
| Utilities | $13.8B | 1.9% | +0.2 pp | 16 | ||
| Mining, oil & gas | $1.5B | 0.2% | −1.1 pp | 31 | ||
| Education | $5.4B | 0.7% | −0.4 pp | 32 | ||
| Arts & recreation | $6.6B | 0.9% | −0.1 pp | 26 | ||
| Agriculture | $6.0B | 0.8% | 0.0 pp | 24 |
BLS, Local Area Unemployment Statistics. Latest month: September 2026.
Metro areas in Michigan
Metro areas with at least one county in the state; multi-state metros are shown in full. Sums of BEA county estimates, 2024.
| Metro area | Population | GDP | Income per person | Unemployment | |
|---|---|---|---|---|---|
| Detroit-Warren-Dearborn, MI | 4,400,578 | $348.0B | $68,889 | 5.0% | |
| Grand Rapids-Wyoming-Kentwood, MI | 1,178,826 | $88.2B | $67,643 | 4.4% | |
| Lansing-East Lansing, MI | 479,971 | $34.2B | $56,106 | 4.8% | |
| Flint, MI | 402,279 | $20.2B | $53,594 | 6.4% | |
| Ann Arbor, MI | 373,875 | $34.6B | $79,736 | 4.3% | |
| South Bend-Mishawaka, IN-MI | 325,294 | $21.4B | $59,113 | 4.3% | |
| Kalamazoo-Portage, MI | 264,780 | $20.7B | $65,810 | 4.6% | |
| Saginaw, MI | 187,714 | $11.0B | $52,699 | 6.5% | |
| Muskegon-Norton Shores, MI | 177,428 | $8.4B | $51,283 | 5.7% | |
| Jackson, MI | 160,233 | $9.1B | $51,569 | 5.4% | |
| Traverse City, MI | 156,634 | $10.2B | $70,939 | 4.6% | |
| Monroe, MI | 156,045 | $8.1B | $61,698 | 5.5% | |
| Niles, MI | 152,703 | $9.7B | $64,094 | 5.3% | |
| Battle Creek, MI | 133,785 | $9.1B | $50,199 | 5.7% | |
| Bay City, MI | 102,651 | $4.7B | $55,626 | 6.1% | |
| Midland, MI | 84,022 | $7.8B | $67,162 | 4.9% |