Introduction: Michigan Download PDF
Michigan is known as the birthplace of the automobile industry and is the home of the Big Three automakers. Fierce competition from foreign automakers in recent decades has caused a decline in the American auto industry. The ensuing loss of domestic market share and Michigan's over-reliance on the auto industry has caused the state economy to perform below the national average in recent years. Despite the decline, the auto industry still provides hundreds of thousands of jobs and billions of dollars to the state economy.
Michigan is now attempting to diversify the economy of the state by focusing on life sciences, alternative energies, advanced automotive manufacturing, and homeland security and defense. It is also a leader in many other manufacturing and processing lines, including prepared cereals, machine tools, airplane parts, refrigerators, hardware, and furniture.
Government
Symbols
State Seal: |
State Quarter: |
Time Zones:
| Standard Time | GMT-5 | |
| Daylight-Saving Time | GMT-4 | |
Statistics
- Per Capita Real GDP :
- $32,846
- Population:
- 10,003,400
- Percent of People Under Poverty Level:
- 13.2%
- Per Capita Personal Income:
- $33,847
- Percent of Population with a Bachelor's Degree:
- 15.1%
- Total Exports:
- $44,831,700,000
Top 5 Export Partner Countries
Canada
Mexico
Germany
Japan
China
Top 5 Export Merchandise
Primary Metals Sales
Transportation Equipment Sales
Primary Metals Manufacturing
Chemicals Manufacturing
Machinery Manufacturing
Major Cities
Detroit, Grand Rapids, Warren
Major Airports
| Airport Name | City | |
| DTW | Detroit Metropolitan Wayne County | Detroit |
| FNT | Bishop International | Flint |
| GRR | Gerald R. Ford International | Grand Rapids |
Main Ports:
Alpena, Calcite, Charlevoix, Detroit, Drummond Island, Escanaba, Grand Haven, Marine City, Marysville, Monroe, Muskegon, Port Dolomite, Port Inland, Presque Isle, St. Clair, Stoneport
Corporations
| Company | Fortune 1000 Rank: | Revenues ($millions) | Headquarter City |
| General Motors | 3 | 207,349 | Detroit |
| Ford Motor | 7 | 160,126 | Dearborn |
| Dow Chemical | 40 | 49,124 | Midland |
| Delphi | 83 | 26,392 | Troy |
| Whirlpool | 127 | 18,080 | Benton Harbor |