Michigan Gross State Product By Industry

(Inflation-adjusted, 2003-2008; all dollar amounts in millions.)
3362
Industry20032008Difference% Difference
All industry total341,109326,123(14,986)-4%
Private industries308,052294,245(13,807)-4%
Agriculture, forestry, fishing, and hunting 1,627 2,176 549 34%
Mining 517 548 31 6%
Utilities6,808 6,645 (163) -2%
Construction 12,656 7,533 (5,123)  -40%
Manufacturing80,250 68,084 (12,166) -15%
Wholesale trade21,068 19,545 (1,523) -7%
Retail trade 24,986 26,861 1,875 8%
 Transportation and warehousing8,499 8,775 276 3%
Information 9,696 12,016 2,320 24%
Finance and insurance 19,42718,921(506) -3%
Real estate and rental and leasing 38,178 35,475 (2,703)-7%
Professional and technical services 25,609 29,611 4,002 16%
Management of companies and enterprises 7,188 5,318 (1,870) -26%
Administrative and waste services 10,919 10,379 (540) -5%
Educational services1,683 1,867 184 11%
Health care and social assistance22,459 25,473 3,014 13%
Arts, entertainment, and recreation 2,836 3,117 281 10%
Accommodation and food services 7,101 7,235 134 2%
Other services, except government 7,182 6,704 (478) -7%
Government33,140 33,140 (1,232) -4%

 

Source: Center for Michigan analysis of U.S. Bureau of Economic Analysis data released on June 2, 2009

Facebook Comments