In 2023, the real gross domestic product (GDP) of Michigan increased by roughly 1.9 percent compared to the previous year. 2021 saw the most growth experienced by the state's GDP since 2000. The significant growth of the Michigan GDP in that year can be attributed to the recovery from the COVID-19 pandemic.
Annual percent change in the real gross domestic product of Michigan in the United States from 2000 to 2023
GDP is in millions of chained 2017 dollars. Real GDP by state is an inflation-adjusted measure of each state's gross product that is based on national prices for the goods and services produced within the state.
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BEA. (September 27, 2024). Annual percent change in the real gross domestic product of Michigan in the United States from 2000 to 2023 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/588965/michigan-gdp-growth/
BEA. "Annual percent change in the real gross domestic product of Michigan in the United States from 2000 to 2023." Chart. September 27, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/588965/michigan-gdp-growth/
BEA. (2024). Annual percent change in the real gross domestic product of Michigan in the United States from 2000 to 2023. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/588965/michigan-gdp-growth/
BEA. "Annual Percent Change in The Real Gross Domestic Product of Michigan in The United States from 2000 to 2023." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/statistics/588965/michigan-gdp-growth/
BEA, Annual percent change in the real gross domestic product of Michigan in the United States from 2000 to 2023 Statista, https://www.statista.com/statistics/588965/michigan-gdp-growth/ (last visited December 21, 2024)
Annual percent change in the real gross domestic product of Michigan in the United States from 2000 to 2023 [Graph], BEA, September 27, 2024. [Online]. Available: https://www.statista.com/statistics/588965/michigan-gdp-growth/
