Per Capita GDP: 2009-2012Michigan per capita GDP is recovering at twice the rate of the U.S. average

$0

$16,667

$33,333

$50,000

2009 2010 2011 2012

$42,691 $43,729 $44,276 $45,110

$31,521$33,169

$34,521 $35,298

Year

MichiganUnited States

2009-2012 Growth: 5.7%

2009-2012 Growth: 12.0%

Per Capita GDP (real)

Per Capita Personal Income: 2009-2012Michigan per capita income is recovering faster than the U.S. average

$0

$14,667

$29,333

$44,000

2009 2010 2011 2012

$42,149 $42,327 $43,211 $43,791

$35,552 $36,142 $37,014 $37,497

Year

MichiganUnited States

2009-2012 Growth: 3.9%

2009-2012 Growth: 5.5%

Per Capita Personal Income (real)

Employment: 2009-2012Michigan’s annual unemployment rate is falling 4 times faster than the U.S. average

0

4.667

9.333

14

2009 2010 2011 2012

9.3 9.68.9

8.1

13.412.7

10.3

9.1

Percentage

Year

MichiganUnited States

2009-2012 Growth: -4.3% pts.

2009-2012 Growth: -1.2% pts.

Annual Unemployment Rate (real)

Top Ten Metrics

0

3.75

7.5

11.25

15

714

23

1242009 2012

ImprovingHoldingDeclining

INNOVATIVE

COHESIVE

COMPETITIVE

DISTINCTIVE

Pop Quiz

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

State A State B

% 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%

State A State B

Pop Quiz

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%

State A State B

Pop Quiz

Cost of Doing Business (lower score is better)Unit Labor CostCorporate Tax Climate (higher score is better)Overall Business Tax Climate (Rank)State & Local Government Expenditures per capitaState & Local Unfunded Liabilities per capita% of Students Career and College ReadyNumber of Degrees Conferred (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 ConditionValue of Exported Goods per $100,000 of GDPUniversity R&D Expenditures per $1 million of GDPPatents Issued per 100,000 ResidentsVenture Capital Investment per $100,000 of GDPEntrepreneurial Activity (% of people starting a business)

94$0.51 5.8320$12.20 $3,434 31%12841.0%11%$9,474 $5,149 23$144 0.30%

Top 10 Average

Pop Quiz

103$0.59 5.8512$9.42 $6,714 21%11636.8%17%$14,230 $6,557 30$68 0.18%

Michigan

Tax & RegulatoryGovernment Better

INNOVATIVECOMPETITIVE

COHESIVEDISTINCTIVE

INNOVATIVECOMPETITIVE

COHESIVEDISTINCTIVE

INNOVATIVECOMPETITIVE

COHESIVEDISTINCTIVE

30% more patents30% more R&D50% more exports

INNOVATIVECOMPETITIVE

COHESIVEDISTINCTIVE

Career & College Ready

Michigan 21%Top Ten 31%

Educational Attainment

Michigan 36.8%Top Ten 41%

Urban Roads in Poor Condition

Michigan 17%Top Ten 11%

INNOVATIVE

COHESIVE

COMPETITIVE

DISTINCTIVE

INNOVATIVE

COHESIVE

COMPETITIVE

DISTINCTIVE