A presentation by Doug Rothwell, president and CEO of Business Leaders for Michigan, at the 2013 CEO Summit on Oct. 30.

2. Per Capita GDP: 2009-2012
Michigan per capita GDP is recovering at twice the rate of the U.S. average
Per Capita GDP (real)
$50,000
2009-2012 Growth: 5.7%
$42,691
$44,276
$33,333
$31,521
$33,169
$45,110
$34,521
$43,729
$35,298
2009-2012 Growth: 12.0%
$16,667
Michigan
United States
$0
2009
2010
2011
Year
2012

3. Per Capita Personal Income: 2009-2012
Michigan per capita income is recovering faster than the U.S. average
Per Capita Personal Income (real)
2009-2012 Growth: 3.9%
$44,000
$42,149
$42,327
$43,211
$43,791
$35,552
$36,142
$37,014
$37,497
$29,333
2009-2012 Growth: 5.5%
$14,667
Michigan
United States
$0
2009
2010
2011
Year
2012

4. Employment: 2009-2012
Michigan’s annual unemployment rate is falling 4 times faster than the U.S. average
Annual Unemployment Rate (real)
14
13.4
Percentage
9.333
9.3
2009-2012 Growth: -4.3% pts.
12.7
10.3
9.6
9.1
8.9
8.1
2009-2012 Growth: -1.2% pts.
4.667
Michigan
United States
0
2009
2010
2011
Year
2012

5. Top Ten Metrics
15
Improving
Holding
Declining
11.25
7.5
3.75
7
2
12
2009
0
14
3
2012
4

6. COMPETITIVE
INNOVATIVE
DISTINCTIVE
COHESIVE

7. Pop Quiz
State A
State B
Cost of Doing Business (lower score is better)
94
103
Unit Labor Cost
$0.51
$0.59
Corporate Tax Climate (higher score is better)
5.83
5.85
Overall Business Tax Climate (rank)
20
12
State & Local Government Expenditures per capita
$12.20
$9.42
State & Local Unfunded Liabilities per capita
$3,434
$6,714

8. Pop Quiz
State A
State B
% of Students Career and College Ready
31%
21%
Number of Degrees Conferred
128
116
41.0%
36.8%
11%
17%
(Associate’s & above) per 10,000 of Population
% of Population Age 25-64 with an
Associate’s Degree or Higher
% or Urban Roads in Poor Condition

9. Pop Quiz
State A
State B
Value of Exported Goods per $100,000 of GDP
$9,474
$14,230
University R&D Expenditures per $1 million of GDP
$5,149
$6,557
Patents Issued per 100,000 Residents
23
30
Venture Capital Investment per $100,000 of GDP
$144
$68
Entrepreneurial Activity (% of people starting a business)
0.30%
0.18%

10. Pop Quiz
Top 10
Average
Michigan
Cost of Doing Business (lower score is better)
94
103
Unit Labor Cost
$0.51
$0.59
Corporate Tax Climate (higher score is better)
5.83
5.85
Overall Business Tax Climate (Rank)
20
12
State & Local Government Expenditures per capita
$12.20
$9.42
State & Local Unfunded Liabilities per capita
$3,434
$6,714
% of Students Career and College Ready
31%
21%
Number of Degrees Conferred (Associate’s & above) per 10,000 of Population
128
116
% of Population Age 25-64 with an Associate’s Degree or Higher
41.0%
36.8%
% or Urban Roads in Poor Condition
11%
17%
Value of Exported Goods per $100,000 of GDP
$9,474
$14,230
University R&D Expenditures per $1 million of GDP
$5,149
$6,557
Patents Issued per 100,000 Residents
23
30
Venture Capital Investment per $100,000 of GDP
$144
$68
Entrepreneurial Activity (% of people starting a business)
0.30%
0.18%

11. Tax & Regulatory
Government Better

12. COMPETITIVE
INNOVATIVE
DISTINCTIVE
COHESIVE

13. COMPETITIVE
INNOVATIVE
DISTINCTIVE
COHESIVE

14. COMPETITIVE
INNOVATIVE
DISTINCTIVE
COHESIVE
30% more patents
30% more R&D
50% more exports

15. Career & College Ready
Michigan 21%
Top Ten 31%

16. Educational Attainment
Michigan 36.8%
Top Ten 41%

17. Urban Roads in Poor Condition
Michigan 17%
Top Ten 11%

18. COMPETITIVE
INNOVATIVE
DISTINCTIVE
COHESIVE

19. COMPETITIVE
INNOVATIVE
DISTINCTIVE
COHESIVE