LANSING – Michigan showed healthy
per capita gross domestic product growth in 2014, but, with an estimated per
capita GDP output of $45,562, lags the other Great Lakes states.
According to data from the Bureau of
Economic Analysis in the U.S. Department of Commerce, Michigan’s per capita GDP
output put it 38th among the states and the District of Columbia.
And it was last among the Great
Lakes states, which were led by New York with a per capita GDP output of
$71,128. New York ranked fourth in the nation.
Michigan’s per capita output grew by
1.7 percent in 2014 which put it above growth for most of the states in the
region. Only New York, at 2 percent, and Ohio, at 1.9 percent growth, beat
Michigan. Michigan did tie with Pennsylvania.
The BEA said 41 states saw overall
GDP growth in 2014, with most of those that did not struggling because of the
drop in energy prices.
Besides Michigan and New York, Ohio
had per capita GDP of $50,306, putting it at 28th in the nation. Pennsylvania
had $51,840 per capita, putting it at 24th.
Aside from New York, Illinois was
the highest ranking state. It saw growth of 1.3 percent, with per capita GDP
output of $57,907, which set it at 14th. It was followed by Minnesota at 15th,
with $57,943 in output but growth of just 0.7 percent in 2014. Wisconsin was
ranked 26th with $50,871 in per capita GDP output and with growth of 0.8 percent
in 2014. Then Indiana stood at 31st with per capita GDP output of $48,181 and
growth in 2014 of just 0.1 percent.
Washington, D.C. had far and away
the highest per capita GDP output in 2014 at $175,253.
Alaska was the highest state at
$77,477 in per capita output, but its GDP fell by 1.5 percent in 2014.
Mississippi was the lowest state in
overall per capita GDP at $35,019. Its GDP also fell by 1.3 percent in 2014.
This story
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