Real GDP of Michigan 2017, by industry
Real value added to the Gross Domestic Product (GDP) of Michigan in 2017, by industry (in billion chained 2009 U.S. dollars)
This graph shows the real value added to the Gross Domestic Product (GDP) of Michigan in 2017, by industry. In 2017, the construction industry added 16.96 billion chained 2009 U.S. dollars of value to the total state GDP.
Real value added to the Gross Domestic Product (GDP) of Michigan in 2017, by industry (in billion chained 2009 U.S. dollars)
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| Industry | Real value added in billion chained (2009) U.S. dollars |
|---|---|
| Manufacturing | 86.91 |
| Finance, insurance, real estate, rental, and leasing | 74.84 |
| Professional and business services | 60.6 |
| Government and government enterprises | 45.14 |
| Educational services, health care, and social assistance | 38.82 |
| Wholesale trade | 29.24 |
| Retail trade | 29.08 |
| Construction | 16.96 |
| Arts, entertainment, recreation, accommodation, and food services | 14.6 |
| Information | 12.18 |
| Transportation and warehousing | 10.4 |
| Utilities | 8.35 |
| Agriculture, forestry, fishing, and hunting | 2.77 |
| Mining, quarrying, and oil and gas extraction | 2.1 |
| Industry | Real value added in billion chained (2009) U.S. dollars |
|---|---|
| Manufacturing | 86.91 |
| Finance, insurance, real estate, rental, and leasing | 74.84 |
| Professional and business services | 60.6 |
| Government and government enterprises | 45.14 |
| Educational services, health care, and social assistance | 38.82 |
| Wholesale trade | 29.24 |
| Retail trade | 29.08 |
| Construction | 16.96 |
| Arts, entertainment, recreation, accommodation, and food services | 14.6 |
| Information | 12.18 |
| Transportation and warehousing | 10.4 |
| Utilities | 8.35 |
| Agriculture, forestry, fishing, and hunting | 2.77 |
| Mining, quarrying, and oil and gas extraction | 2.1 |
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This graph shows the real value added to the Gross Domestic Product (GDP) of Michigan in 2017, by industry. In 2017, the construction industry added 16.96 billion chained 2009 U.S. dollars of value to the total state GDP.
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- Release date
- May 2018
- Region
- United States
- Survey time period
- 2017
- Supplementary notes
- Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
Source
- Show sources information
- Show publisher information
- Release date
- May 2018
More information
- Region
- United States
- Survey time period
- 2017
- Supplementary notes
- Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
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