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Grow Michigan Mainstreet
TOP 10 STATE FOR HOUSEHOLD INCOME GROWTH DURING THE NEXT FIVE YEARS. (FY22 -FY26)
TOP 10 STATE FOR GROWTH IN VENTURE CAPITAL FUNDING OVER THE NEXT FIVE YEARS. (FY22 -FY26)
Michigan's economy is predominantly made up of low-wage jobs.
Michigan's per capita personal income has trailed the nation since the bursting of the internet bubble during the tail end of the Engler administration. This trend was most pronounced during the 2010s.