Michigan’s share of U.S. GDP has remained flat since 2011 at 2.7 percent, falling from 2.9 percent in 2007.

What It Is: Total amount of goods and services produced in the state, as a share of all goods and services produced in the United States.

Why It Matters: A high share of United States GDP means that much of the country's production is occurring in that state, and can result in higher incomes for state workers.

Michigan GDP/U.S. GDP Trends

Michigan GDP/U.S. GDP Standings

Source: Bureau of Economic Analysis (Real GDP in 2009 Chained Dollars)