America's Top States For Business '09

#41 Michigan

Previous: #40 Maine | Next: #42 Delaware

(Photo: iStockphoto)

Category	Score	2009 Rank	2008 Rank
Cost of Doing Business	219	31	34
Workforce	138	39	39
Quality of Life	122	40	23
Economy	52	45	48
Transportation & Infrastructure	112	20	21
Technology & Innovation	199	7	8
Education	69	34	28
Business Friendliness	53	39	39
Access to Capital	41	10	24
Cost of Living	14	23	25
OVERALL	1019	41	40

ECONOMIC PROFILE

Governor: Jennifer Granholm (D)

Population: 10,003,422

GDP (2008 per capita): $32,601

Economic Change (2007-2008): 1.5%

Unemployment Rate (June 2009): 15.2%

Foreclosure Rate (June 2009): One per 333 households

Stimulus Funds Distributed (as of July 8, 2009): $6.8 billion

Budget Gap (projected 2010): $2.4 billion

Sources: US Government, RealtyTrac, Center for Budget & Policy Priorities

FEATURED

Virginia Reclaims #1 Spot
Virginia is No. 1 in our 2009 Top States for Business ranking, taking back the top spot from last year's winner, Texas.
State by State (#1-50)
Complete Rankings for 2009
Categories & Criteria
Archive: 2008 Top States For Business Results
Archive: 2007 Top States For Business Results

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America's Top States For Business '09

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