MICHauto recently commissioned a study that demonstrates the comprehensive contribution of the automotive industry to Michigan’s economy. The study, conducted by Public Sector Consultants, found that the automotive industry contributes a total of $225 billion to the state’s economy. Of that $225 billion, 83% is directly attributed to automotive manufacturing.
Additional findings from the study include:
- 712,000 jobs supported by the automotive industry
- $48 billion in earnings and compensation from the automotive industry
- $7.4 billion in tax payments statewide driven by the automotive industry
Read the full study below.