GDP by industry Michigan U.S. 2022

The real GDP of Michigan in 2022 amount to around 490.3 billion U.S. dollars. In that year, the construction industry added 12.56 billion chained 2012 U.S. dollars of value to the total state GDP. The manufacturing industry was the greatest contributor to GDP in that year.

Real value added to the gross domestic product of Michigan in the United States in 2022, by industry (in billion chained 2012 U.S. dollars)

Industry	Real value added in billion chained (2012) U.S. dollars
Manufacturing	97.77
Finance, insurance, real estate, rental, and leasing	82.76
Professional and business services	75.7
Government and government enterprises	46.95
Educational services, health care, and social assistance	45.05
Wholesale trade	32.85
Retail trade	29.07
Information	19.97
Arts, entertainment, recreation, accommodation, and food services	15.24
Construction	12.56
Transportation and warehousing	11.56
Utilities	8.44
Agriculture, forestry, fishing and hunting	4.85
Mining, quarrying, and oil and gas extraction	2.26

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Release date

March 2023

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Region

United States

Survey time period

2022

Supplementary notes

Chained (2012) dollar series are calculated as the product of the chain-type quantity index and the 2012 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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