Michigan State GDP — Nominal
Source: U.S. Bureau of Economic Analysis (FRED) · Updated Jan 2025
$730.1B
5-Year Trend
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What this means
Nominal GDP is the dollar value of all goods and services produced in Michigan in a given quarter, not adjusted for inflation. Michigan ranks in the top 15 U.S. state economies, anchored by motor-vehicle manufacturing.
What you can do
- For an inflation-adjusted view that compares apples-to-apples across years, see the Real GDP page.
- Compare against neighboring Great Lakes states (Ohio, Illinois, Indiana, Wisconsin) to gauge regional competitiveness.
- Sector-level GDP shares are published by BEA — manufacturing typically contributes 18–20% of Michigan GDP, vs. 11% nationally.
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