George Erickcek, a senior regional economist at the Upjohn Institute for Employment Research in Kalamazoo, says Michigan might encourage more new investment by offering targeted tax credits on new manufacturing equipment rather than eliminating the personal property tax. Erickcek also says Michigan’s new 6 percent Corporate Income Tax might leave the state strapped for tax […]
George Erickcek
All Michigan regions grew in 2010
Michigan’s regional economies surged ahead in 2010, propelled by a surprisingly robust manufacturing sector and solid growth from the “information economy.” The latest figures are a positive pivot from a decade that saw most Michigan regions lag economically. Between 2001 and 2009, 11 of 14 Michigan metropolitan areas recorded declines in real gross domestic product […]