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Data Highlight: Automotive’s $225B Economic Contribution and Defining the Mobility Industry’s Impact

March 10, 2021
In August 2019, MichAuto released the Automotive Economic Contribution Study, conducted by Public Sector Consultants, that revealed the contribution of the automotive industry to Michigan’s economy. The study found that the automotive industry contributes a total of $225 billion to the state’s economy, 83% of which is directly attributed to automotive manufacturing. In addition, Michigan’s automotive industry directly employs nearly 291,000 workers statewide, which supports an additional 422,000 indirect jobs, totaling more than 712,000 jobs. Public Sector Consultants used a narrow definition of the automotive industry in the analysis, focusing on the automotive-related sectors, including motor vehicle manufacturing, automotive vehicle, and parts dealers and wholesalers, and automotive repair and maintenance.

With Michigan’s evolving and expanding mobility industry, made up of the automotive industry as well as tech-focused companies and last-mile solution developers and manufacturers, MichAuto initiated a more detailed study to determine the mobility industry’s contribution to Michigan’s economy. The mobility industry, as defined by the production and distribution of goods and services that support any movement of people and products, is important to Michigan because it creates solutions to congestion, emissions, safety, and equity. Identifying the mobility industry’s impact on Michigan’s economy will enable us to better understand and harness the potential the industry has to solve these issues.

The Mobility Economic Contribution study will be released at the State of Automobility event on March 24, 2021. Click here to register.